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Sentiment reportedly hacked for at least $500k

by The Dao Makers
April 4, 2023
in Launchpads
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The DeFi lending platform Sentiment has probably been hacked, in accordance with an announcement from the undertaking on Twitter on April 4.

The undertaking’s group wrote that it has been “made conscious of a possible challenge regarding the Sentiment protocol” and is investigating the state of affairs.

Although Sentiment has not offered a proof, numerous members of the neighborhood have prompt that the undertaking has been hacked primarily based on blockchain data.

Developer Pascal Marco Caversaccio prompt that the incident is probably going the results of a reentrancy assault. This line of assault implies that an exterior contract repeatedly referred to as a weak Sentiment contract earlier than the latter contract’s standing may very well be up to date.

Developer Imaddin Amsif, in the meantime, prompt that the attacker particularly referred to as a self-destruct perform inside a Sentiment sensible contract.

Elsewhere, Spreek prompt that the attacker stole between $500,000 and $1 million through Arbitrum ― the blockchain on which Sentiment’s DeFi platform operates.

This piece can be up to date as extra data turns into accessible.

The publish Sentiment reportedly hacked for at the very least $500k appeared first on CryptoSlate.



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