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Blockchain security firm PeckShield revealed fresh vulnerabilities targeting decentralized finance (DeFi) projects on Aug. 9. According to the firm, Aave protocol's Earning Farm has been compromised by a reentrancy attack, resulting in the theft of at least $287,000 worth of Ether (ETH).#PeckShieldAlert ~$287K #Ethereum pic.twitter.com/TOQ9oSzcGN— PeckShield Inc. (@peckshield) August 9,
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Several stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. According to Vyper, its 0.2.15, 0.2.16 and 0.3.0 versions are vulnerable to malfunctioning reentrancy locks. "The investigation is ongoing but any project relying on these versions should immediately
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Lending app Era Lend on zkSync has been exploited for $3.4 million worth of crypto, according to a July 25 report from blockchain security firm CertiK. The attacker used a “read-only reentrancy attack” to drain the funds, which is a type of attack that interrupts a multi-step process and then
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The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report issued by the app’s development team. A “reentrancy exploit” is a bug that allows an attacker to “re-enter” a contract or interrupt it during a multi-step
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A post-mortem released Friday showed the funds were lost in a “reentrancy” attack. Original Source
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The attacker began by withdrawing funds using Tornado Cash, which enables users to transfer crypto without leaving a trace. After transferring the funds to the Fuse network, the borrower used them as collateral to take out loans on Ola’s decentralized lending platform. Taking advantage of the re-entrancy bug, the attacker
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