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Lending protocol Sturdy Finance drained of $800,000 in security attackSturdy Finance, a decentralized lending protocol, fell victim to a security attack today, which led to a loss of 442 ether or about $800,000.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Attacker drains $800K from DeFi protocol Sturdy FinanceBlockSec stated that the hackers utilized a reentrancy attack, a common method hackers use to withdraw funds from DeFi protocols. Additionally, the blockchain security company BlockSec highlighted that the hack was done through a reentrancy attack, which is a common method hackers use to withdraw funds from DeFi protocols.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack – Defi Bitcoin NewsThe defi community has experienced another hack, with SturdyFinance protocol suffering a loss of 442 ETH, equivalent to an estimated $766K.
Source: BTCTN - 🏆 531. / 51 Read more »