2 years ago
More than $536,000 was drained from the Synapse Bridge connected April 4, according to Ethereum blockchain data.
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Collect this nonfiction arsenic an NFT
Sentiment, an undercollateralized lending protocol, appears to person been exploited connected April 4 for implicit $500,000 successful crypto. Ethereum blockchain information shows a transaction that transferred 536,738.410031 USD Coin (USDC) from the Synapse Bridge, and this links up with a bid of Arbitrum transactions draining coins from the Sentiment protocol.
The wallet performing the onslaught has been labeled "Sentimentxyz Exploiter" by Arbiscan, and the Sentiment squad has announced connected Twitter that they are alert of a "potential issue" with the protocol.
The Sentiment squad has precocious been made alert of a imaginable contented concerning the Sentiment protocol. We are actively looking into the concern and volition supply further accusation momentarily.
— Sentiment (@sentimentxyz) April 4, 2023Twitter idiosyncratic Officer’s Notes has suggested that this whitethorn beryllium a reentrancy attack. The idiosyncratic relied connected probe done by @FrankResearcher to travel to this conclusion.
The Sentiment squad has not yet stated what steps are being performed to halt the onslaught oregon what users should bash to mitigate risk.
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
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