Crypto Ecosystems • April 5, 2023, 6:38AM EDT
UPDATED: April 6, 2023, 8:02AM EDT

DeFi platform Sentiment suffers $1 million attack on Arbitrum network

Read the non-AMP story on Theblock.co
The Block

Quick Take

  • An attacker exploited a reentrancy bug via a flash loan to drain nearly $1 million from Arbitrum-based DeFi project Sentiment.
  • The Sentiment team acknowledged the attack and temporarily suspended its smart contracts to prevent further deposits.