SushiSwap: Impact of white-hat exploit and SUSHI’s swift recovery
SushiSwap [SUSHI] recently fell victim to a white hat exploit, which resulted in a loss of millions of dollars worth of Ethereum [ETH] . For context, SushiSwap faced a router processor bug on 9 April 2023, causing a loss of nearly 1800 ETH, which was worth more than $3 million.
To clear the air, the SushiSwap Router Processor is a smart contract powered by the Ethereum blockchain.
The situation has been taken care of
The good news is that SushiSwap was able to secure a large portion of the affected funds in a white-hat security process. Head Chef of SushiSwap, Jared Grey, confirmed via a recent tweet the recovery of more than 300 ETH from CoffeeBabe of Sifu’s stolen funds.
RAED MORE: https://ambcrypto.com/sushiswap-impact-of-white-hat-exploit-and-sushis-swift-recovery/
SushiSwap [SUSHI] recently fell victim to a white hat exploit, which resulted in a loss of millions of dollars worth of Ethereum [ETH] . For context, SushiSwap faced a router processor bug on 9 April 2023, causing a loss of nearly 1800 ETH, which was worth more than $3 million.
To clear the air, the SushiSwap Router Processor is a smart contract powered by the Ethereum blockchain.
The situation has been taken care of
The good news is that SushiSwap was able to secure a large portion of the affected funds in a white-hat security process. Head Chef of SushiSwap, Jared Grey, confirmed via a recent tweet the recovery of more than 300 ETH from CoffeeBabe of Sifu’s stolen funds.
RAED MORE: https://ambcrypto.com/sushiswap-impact-of-white-hat-exploit-and-sushis-swift-recovery/
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