Blockchain security firm PeckShield revealed fresh vulnerabilities targeting decentralized finance (DeFi) projects on Aug. 9. According to the firm, Aave protocol’s Earning Farm has been compromised by a reentrancy attack, resulting in the theft of at least $287,000 worth of Ether (ETH). #PeckShieldAlert ~$287K #Ethereum pic.twitter.com/TOQ9oSzcGN — PeckShield Inc. (@peckshield) August 9, 2023 A reentrancy attack is like tricking an ATM into giving you money multiple times before it realizes you have none left. This happens by sneaking in and out of a money request, fooling the system into granting…
Read MoreAave’s Earning Farm protocol targeted by reentrancy attack — PeckShield
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