Sushi CTO Warns Users as The DeFi Protocol Gets Hacked

Sushi CTO Warns Users as The DeFi Protocol Gets Hacked

By Miles

14 Dec 2023 (10 months ago)

1 min read

Share:

DeFi protocol Sushi was hit by a hack through its Web3 connector, affecting its website and others like Zapper and RevokeCash.

Sushi, a DeFi (Decentralized Finance) protocol, faced a front-end exploit, warned by their CTO, Matthew Lilley. He advised not to use any dApps for now. This issue is due to a problem with a Web3 connector used widely in the industry.

A front-end exploit means hackers change how a website or app looks to steal money. They don't get into the protocol's main wallets but can redirect funds to themselves. This type of hack changes the user interface to trick users.

The problem seems to come from Ledger’s GitHub page, as pointed out by a user. Ledger's library was hacked and replaced with a code that steals tokens. Other DeFi sites like Zapper and RevokeCash are also having similar problems.

Share:
Go back to All News
Previous article

Ledger Updates its Software as ...

Ledger Updates its Software as Tether Freezes Hacker’s Wallet
Next article

Bitwise List its Bitcoin ETF ...

Bitwise List its Bitcoin ETF on DTCC: Predicts Bitcoin Could Reach $80,000