Stablecoin DEX Saddle Finance hacked for $10 million

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A smart contract audit firm called BlockSec discovered the exploit and notified Saddle.

A smart contract audit firm called BlockSec was the first to notice the exploit andBlockSec was able to rescue $3.8 million from the exploiters with an internal system that can detect and front-run hacking incidents using off-chain arbitrage bots called flashbots.

"The project was taken for around 4,900 ether . Among them, 1,360 ether was rescued by us," BlockSecTeam told The Block on Twitter. Still, the hacker made off with more than $10 million in ETH from Saddle’s liquidity pools. Saddle Finance

 

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So bullish on $Kiba. The team have put a burn function in the contract making Kiba deflationary also KIBA is an official sponsor of the European Cricket League KIBARMY

ffs... we should NOT be hearing so much hacking news. Bad for image.

People, we need to tell everyone about this!

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How may I implement something like this?

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 /  🏆 464. in RU

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