SushiSwap Bug Expolited in 3.3M Theft

harryji (78)in SCT.암호화폐.Crypto • last year

SushiSwap, a popular decentralized exchange (DEX) in the crypto sector, has fallen victim to a significant exploit resulting in a loss of $3.3 million (1,900 ETH). The exploit has caused a commotion in the crypto community over the past weekend.

According to cybersecurity firm Ancilia, the flaw that was exploited in SushiSwap was a failure to properly validate access permissions during a swap transaction. Ancilia further discovered that the vulnerable contract was located on the Polygon network, a layer-2 scaling solution for Ethereum.

This incident highlights the importance of rigorous security measures in the rapidly evolving world of decentralized finance (DeFi). It serves as a reminder to all participants in the crypto space to thoroughly review and audit their smart contracts to identify and rectify any potential vulnerabilities. Such exploits not only result in financial losses but also erode the trust and confidence of users in the DeFi ecosystem.

In response to the exploit, SushiSwap has reportedly taken steps to address the issue and enhance the security of its platform. Nevertheless, this incident serves as a stark reminder of the ever-present risks and challenges associated with the nascent field of DeFi, where security must be prioritized to safeguard user funds and ensure the long-term sustainability of the ecosystem.

Investors and users should exercise caution, conduct thorough due diligence, and follow best practices for securing their crypto assets, such as using hardware wallets, implementing strong passwords, and staying vigilant against potential security threats.

As the crypto industry continues to grow and mature, it is imperative for all stakeholders to prioritize security and take proactive measures to prevent such exploits, safeguarding the integrity and stability of the DeFi ecosystem

Revoke

If you have approved and related contracts, it is highly required to REVOKE asap.

arbitrum nova 0x1c5771e96C9d5524fb6e606f5B356d08C40Eb194
arbitrum 0xA7caC4207579A179c1069435d032ee0F9F150e5c
avax 0xbACEB8eC6b9355Dfc0269C18bac9d6E2Bdc29C4F
boba 0x2f686751b19a9d91cc3d57d90150bc767f050066
bsc 0xD75F5369724b513b497101fb15211160c1d96550
ethereum 0x044b75f554b886A065b9567891e45c79542d7357
fantom 0x3e603C14aF37EBdaD31709C4f848Fc6aD5BEc715
fuse 0x2f686751b19a9d91cc3d57d90150Bc767f050066
gnosis 0x145d82bCa93cCa2AE057D1c6f26245d1b9522E6F
moonbeam 0x1838b053E0223F05FB768fa79aA07Df3f0f27480
moonriver 0x3d2f8ae0344d38525d2ae96ab750b83480c0844f
optimism 0xF0cBce1942A68BEB3d1b73F0dd86C8DCc363eF49
polygon 0x5097CBB61D3C75907656DC4e3bbA892Ff136649a
polygon zkevm 0x93395129bd3fcf49d95730D3C2737c17990fF328