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A group of people in the crypto community, led by crypto investment firm Paradigm’s research partner Sam Sun , may have just prevented SushiSwap’s token fundraising platform Miso from losing more than $350 million worth of ether (ETH, -5.98%) , after discovering and fixing a bug on the platform in under just five hours.
In a Dutch auction, investors place bids reflecting the maximum amount that they are willing to pay. Once the bids are collected, the highest bid is declared the winner. After the auction is finalized, unsuccessful bids are returned to their owners.
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A group of people in the crypto community, led by crypto investment firm Paradigm’s research partner Sam Sun , may have just prevented SushiSwap’s token fundraising platform Miso from losing more than $350 million worth ...
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The smart contracts that underpin DeFi are complex, combining “composable” Lego blocks to create new contracts and protocols. “This incident shows that even safe contract-level components can be mixed in a way that produces unsafe contract-level behavior. There’s no catch-all advice to apply here...
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The SushiSwap team and Paradigm’s Sun , in separate posts, both identified that, essentially, the vulnerability was centered around the ability to batch multiple calls to
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