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Developers of the automatic market making protocol SudoRare suspected of stealing client assets for $ 815,000
The creators of the SudoRare protocol allegedly stole client assets worth 519 ETH (~ $ 815,000). This was reported on Twitter by analysts at PeckShield.
The sudorare.xyz protocol website has stopped opening and SudoRare’s social media accounts have been deleted. According to PeckShield, the attackers broke the stolen amount into 173 ETH and brought it to three addresses. At the time of writing, the cryptocurrency remains on the wallets of intruders.
Earlier in June, the NFT lending pool XCarnival almost lost about $ 4 million after a hacker took advantage of a vulnerability in a smart contract. As a result of the attack, the hacker managed to steal 3087 ETH, but in the end he and the platform came to a compromise – the attacker was presented with 1500 ETH as a reward for the vulnerability found. Also, the developers of XCarnival promised not to go to the police to initiate a case on the fact of hacking the project.
In early May, attackers took advantage of a vulnerability in the code of the Fei Protocol project to steal about $ 80 million in cryptocurrency from Rari Capital pools. Attackers took advantage of the re-login vulnerability, when in a smart contract it is possible to perform an internal function through an external call from another source.
The developers of Fei Protocol stopped the possibility of borrowing cryptocurrencies and offered the attacker $ 10 million, as well as the rejection of claims for the return of $ 80 million, but the hackers did not get in touch. Read about how more money was stolen in the crypto market over the past ten years than Moldova’s GDP in the material of the BeInCrypto editorial board.
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