Sentiment reportedly hacked for at the least $500k

by Jeremy

The DeFi lending platform Sentiment has possible been hacked, in response to an announcement from the mission on Twitter on April 4.

The mission’s workforce wrote that it has been “made conscious of a possible difficulty regarding the Sentiment protocol” and is investigating the scenario.

Although Sentiment has not offered a proof, varied members of the neighborhood have advised that the mission has been hacked based mostly on blockchain data.

Developer Pascal Marco Caversaccio advised 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 could possibly be up to date.

Developer Imaddin Amsif, in the meantime, advised that the attacker particularly known as a self-destruct perform inside a Sentiment sensible contract.

Elsewhere, Spreek advised 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.

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