“Combining batch with commitEth (a function on... - Deepstash
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“Combining batch with commitEth (a function on Miso Dutch Auction) creates a two-pronged issue where a user can both put up a commitment higher than ‘msg.value ’ thereby draining any unsold tokens and additionally drain the raised funds on the contract as refunds if the auction has reached max commitment,” SushiSwap’s team wrote in the post.

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<p dir="ltr">A group of people...

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 bug was created when a convenience function for wallet addresses interacted with the refund mechanism of the auction contract,” explained Duncan Townsend, CTO at Immunefi, a bug bounty platform for DeFi that was also recruited to help solve the issue.

“Users could over-bid and get a r...

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1 read

<p dir="ltr">A group of people...

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 ...

2

36 reads

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 vulnerability

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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CURATED FROM

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decebaldobrica

#engineering, #machinelearning and #crypto

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