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News Explorer — SushiSwap Smart Contract Bug Exploited in $3.3 Million Theft

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Apr 9, 7:51 pm
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SushiSwap Smart Contract Bug Exploited in $3.3 Million Theft

A bug in SushiSwap was exploited to drain $3.3 million worth of Ethereum from a single user's account. An analysis by Binance-backed cybersecurity firm Ancilia determined that the flaw was the failure to validate access permissions halfway through a swap transaction. SushiSwap CTO Matthew Lilley provided a tool to check for exposure across multiple networks. Despite the hack, the price of SushiSwap's SUSHI token has only slightly dipped.

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