Cryptocurrency launchpad hit by $3 million supply chain attack

4 weeks ago 32
ARTICLE AD BOX
Cryptocurrency launchpad deed  by $3 cardinal  proviso   concatenation  attack

Enlarge (credit: Austin Distel)

SushiSwap's main exertion serviceman says the company's MISO level has been deed by a bundle proviso concatenation attack. SushiSwap is a community-driven decentralized finance (DeFi) platform that lets users swap, earn, lend, borrow, and leverage cryptocurrency assets each from 1 place. Launched earlier this year, Sushi's newest offering, Minimal Initial SushiSwap Offering (MISO), is simply a token launchpad that lets projects motorboat their ain tokens connected the Sushi network.

Unlike cryptocurrency coins that request a autochthonal blockchain and substantive groundwork, DeFi tokens are an easier alternate to implement, arsenic they tin relation connected an existing blockchain. For example, anybody can make their ain "digital tokens" connected apical of the Ethereum blockchain without having to recreate a caller cryptocurrency altogether.

Attacker steals $3 cardinal successful Ethereum via 1 GitHub commit

In a Twitter thread today, SushiSwap CTO Joseph Delong announced that an auction connected MISO launchpad had been hijacked via a proviso concatenation attack. An "anonymous contractor" with the GitHub grip AristoK3 and entree to the project's codification repository had pushed a malicious codification perpetrate that was distributed connected the platform's front-end.

Read 13 remaining paragraphs | Comments

Read Entire Article