Tag: SUSHI
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Record-Low DeFi Losses Signal Strong Security Focus in 2023
Record low DeFi losses in 2023 According to IntoTheBlock, this year is expected to record the lowest losses due to exploits since 2020. As of now, the losses suffered within the DeFi space stand at slightly over $1 billion. Throughout the year, the industry witnessed several high-profile hacks, resulting in the loss of millions of […]
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Massive Web3 Vulnerability Detected; Hackers Target Multiple dApps in Major Exploit
A Broad-Scale Web3 Vulnerability Identified Matthew Lilley, the Chief Technology Officer (CTO) of Sushi, has raised the alarm about a critical front-end exploit that poses a significant threat to the protocol. This exploit is related to a compromised Web3 connector commonly used in the industry. It allows for the injection of malicious code, potentially impacting […]