Nearly 150,000 $SUI have been withdrawn from Scallop without anyone inviting 👀


Hacker exploited an old remaining contract, this is a common "forgot to clean up" vulnerability in DeFi.
Good news:
• User assets and the core system are unaffected
• The vulnerability has been patched, deposits/withdrawals are back to normal
• Scallop commits to fully compensate for the damages
Quick response, transparency, full compensation help everyone worry less.
But DeFi hacks these days happen too frequently, every few weeks there's a new incident.
If you're keeping your funds on-chain, remember to diversify and don't put everything in one place.
SUI-0.24%
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