Scallop Sui Exploit: $150K Lost in Deprecated Contract Attack, Users Fully Reimbursed

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Scallop, a leading money market protocol on the Sui Network, experienced a security incident that resulted in the loss of approximately 150,000 SUI after an attacker exploited a deprecated rewards contract linked to its sSUI spool system. The exploit occurred on April 26 and targeted a non-core component, highlighting ongoing risks tied to outdated smart contract code in decentralized finance (DeFi).

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Telemac
Telemachttp://cryptoinfo.ch
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