White hat hackers have recovered 100 ether (ETH) from a multi-million-dollar hack on SushiSwap last weekend. LizKNapolitano reports
from blockchain security firm Blocksec. The attack exploited a vulnerability in the 'RouterProcessor2' contract, which is used to conduct trade routing on the SushiSwap exchange.
BlockSec recovered the 100 ETH on Sunday by intercepting a transaction from prominent SushiSwap user @0xsifu’s wallet to the hacker’s wallet. BlockSec detected malicious activity during the attack attempt and was able to effectively rescue part of the funds. As such, SushiSwap lead developer Jared Grey said on Sunday that the protocol is working on a retrieval plan to secure the stolen funds and make affected users whole.
“Rest assured the team is working diligently to mitigate risk and retrieve user funds,” Grey wrote in an early Sunday message on Discord. To date, 190 Ethereum addresses and over 2000 addresses on Layer 2 Arbitrum have approved the contract that facilitated this weekend’s SushiSwap exploit, according toSushi protocol’s native sushi tokens have risen nearly 1% in the past 24-hours after dipping 3% on news of the exploit, as per CoinGecko. It is trading at $1.10 in early U.S. hours on Monday.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sushi DEX Approval Contract Exploited For $3.3MThe exploit involves a single contract on the SushiSwap exchange, with developers asking users to revoke all permissions as a security measure. By shauryamalwa.
Read more »
hi-dive | The 100 Best Denver Bars We Can't Live Without | WestwordLooking for a bar to hit up tonight? The bars at these conjoined spaces (hi-dive and Sputnik) are two sides of the same coin — both a little worn and gritty, but still good for quick shots or planting yourself for the long haul.
Read more »
SAPD: 5 teens, 1 man detained after firing approximately 100 rounds in West Side neighborhoodFive teenagers and one man were arrested after firing approximately 100 rounds in a West Side neighborhood, striking a home and car Sunday.
Read more »
Here’s What People Over 100 Have in Common (Besides Age)Largest Study of People Over 100 Determines What It Takes to Have a Long Life
Read more »
The Actor With The Most 100% Movies On Rotten TomatoesSeveral iconic actors from the golden age of Hollywood boast numerous 100% Fresh scores on Rotten Tomatoes, with two actors being tied for the most.
Read more »
Six detained after 100 shots fired at house, car on the West SideNo injuries were reported, but police listed two victims, a 37-year-old man and a 61-year-old woman.
Read more »