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Sentiment reportedly hacked for at least $500k

April 4, 2023
in Crypto Exchanges
Reading Time: 1 min read
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The DeFi lending platform Sentiment has doubtless been hacked, in keeping 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 difficulty in regards to the Sentiment protocol” and is investigating the state of affairs.

Although Sentiment has not offered an evidence, varied members of the neighborhood have steered that the undertaking has been hacked primarily based on blockchain information.

Developer Pascal Marco Caversaccio steered 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 susceptible Sentiment contract earlier than the latter contract’s standing might be up to date.

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

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

This piece will probably be up to date as extra info turns into out there.

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

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