.Era_Lend, the largest crypto lender on Ethereum scaling blockchain zksync, has fallen victim to a $3.4 million read-only reentrancy attack. Reporting by oknightcrypto.
The total amount of capital locked on EraLend slumped to $10.75 million from $18.5 million following the exploit,"We've experienced a security incident on our platform today. The threat has been contained. We've suspended all borrowing operations for now and advise against depositing USDC.
We're working with partners and cybersecurity firms to address this. More updates to follow," EraLend wrote in aA read-only reentrancy bug allows an attacker to manipulate asset prices by flooding a smart contract with repeated calls in order to steal assets.Removes space from EraLend's name throughout.
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