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The DeFi lending platform Sentiment has probably been hacked, in line with an announcement from the mission on Twitter on April 4.
The mission’s crew 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 an evidence, numerous members of the neighborhood have prompt that the mission has been hacked based mostly 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 known 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 known as a self-destruct operate inside a Sentiment sensible contract.
Elsewhere, Spreek prompt 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 might be up to date as extra data turns into out there.
The submit Sentiment reportedly hacked for a minimum of $500k appeared first on CryptoSlate.
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