Liquidity protocol Sentiment exploited for over $500K

Sentiment, an undercollateralized lending protocol, seems to have been exploited on April 4 for over $500,000 in crypto. blockchain knowledge exhibits a transaction that transferred 536,738.410031 (USDC) from the Synapse Bridge, and this hyperlinks up with a sequence of Arbitrum transactions draining cash from the Sentiment protocol.

The pockets performing the assault has been labeled “Sentimentxyz Exploiter” by Arbiscan, and the Sentiment group has introduced on Twitter that they’re conscious of a “potential concern” with the protocol.

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