Today news
About the same in other media
How these two DeFi protocols fell prey to $11 million ‘reentrancy attack’
Reading now: 707
On 15 March, an attacker siphoned over $11 million from two DeFi platforms, Agave and Hundred Finance. It appeared to be a flash loan ‘reentrancy attack’ on both protocols on the Gnosis chain as per investigation. Likewise, the platforms halted their contracts to forestall further damage.
Solidity developer and creator of an NFT liquidity protocol app, Shegen chose to highlight the hack in a series of tweets on 16 March. Surprisingly, this analysis came after the aforementioned entity lost $225,000 in the same exploit.
<p lang=«en» dir=«ltr» xml:lang=«en»>Theres already been a few good threads already (and some bad ones that spoke too soon) on the @Agave_lending and @HundredFinance hacks today.Here’s my analysis & reflection, after just having lost over $225k from the exploit, and explored what happened
Read more on ambcrypto.comAbout this in other media
Dubai school will welcome tuition payments in Bitcoin and Ethereum cointelegraph.com /2 years ago
UAE crypto push sees Bybit, Crypto.com announce Dubai offices moneycontrol.com /2 years ago
Dubai throws open the doors for the rich Russians escaping sanctions theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
