Ethereum

<ul><li>Sturdy Finance has been exploited by an unknown hacker who manipulated a faulty price oracle.</li><li>The platform experienced a loss of 442 ETHs, accounting for an amount of $800,000.</li><li>According to Sturdy Finance’s tweet, the platform suspended trading to avoid further losses.</li></ul>The DeFi lending protocol Sturdy Finance was attacked today causing a loss of 442 Ether, accounting for an amount of almost $800,000. As per reports, the security attack was executed by an unidentified hacker who misused the re-entrancy vulnerability to manipulate a faulty price oracle.The <a href="https://coinedition.com/what-is-blockchain-everything-you-need-to-know/" rel="noopener noreferrer nofollow">blockchain</a> analytics firm PeckShield, took to Twitter earlier today to announce the exploitation that Sturdy Finance has faced.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8e169d87284048ccbde273e3d11a6f97.png" /><a href="https://coinedition.com/sturdy-finance-loses-442-eths-worth-800000-in-an-exploitation/" rel="noopener noreferrer nofollow">See the Original On CoinEdition</a>

Sturdy Finance Loses 442 ETHs Worth $800,000 in an Exploitation

Coin Edition

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