Aftermath Finance Loses Over $1.14M in Attack on April 29, Promises Full User Compensation

SUI1.87%

According to PANews, Aftermath Finance, a perpetual futures platform on the Sui blockchain, lost over $1.14 million in an attack on April 29. GoPlus analysis revealed that attackers exploited a symbol mismatch vulnerability in the calculate_taker_fees function by stealing ADMIN privileges through the add_integrator_config function to repeatedly extract tokens.

Afthermath Finance confirmed the total loss and stated that all users will receive full compensation with support from Mysten Labs and the Sui Foundation. The team emphasized this is not a Move contract language security issue.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Hundreds of Ethereum Wallets Simultaneously Hacked, Assets Transferred

Hundreds of Ethereum (ETH) wallets, including some inactive for over seven years, were simultaneously compromised in an unusual transaction event on the Ethereum network, according to Coin Bureau and the cryptocurrency community. Assets from the affected wallets were moved to the same address,

CryptoFrontier2h ago

Digital Asset Security Moves Beyond Keys as Bitgo Adds 5-Layer Checks

Bitgo is pushing digital asset security beyond private keys with a five-layer transaction model designed to stop manipulation before execution. The system checks intent, device, identity, behavior, and policy, targeting risks before transactions are finalized. Key Takeaways: Bitgo introduced five

Coinpedia4h ago

Carrot DeFi Platform Shuts Down as First Victim of $285M Drift Protocol Exploit

According to Carrot's announcement on April 30, the Solana-based DeFi yield protocol is permanently shutting down, becoming the first platform to close as a direct result of the $285 million Drift Protocol exploit in early April. The Carrot team stated in an X post that the Drift hack was

GateNews5h ago

Crypto Hacks Hit Record High in April With 20+ Exploits, $600M+ in Losses

According to DeFi Llama, the number of crypto hacks rose to a record high in April, with over 20 exploits marking the most-hacked month in crypto history by incident count. The total losses exceeded $600 million, with KelpDAO's $292 million exploit and Drift Protocol's $280 million hack ranking as t

GateNews10h ago

North Korean Spies Targeted Drift in $285M Theft Operation

## Drift Theft Operation North Korean-state-backed spies conducted an in-person operation targeting cryptocurrency platform Drift to drain $285 million, according to reports. The operation involved months of direct engagement with the target. ## Broader North Korean Cyber Threat According to a se

CryptoFrontier12h ago

Purrlend Suffers $1.52M Security Breach on April 25 Across HyperEVM and MegaETH

According to Purrlend's official incident report, on April 25, the protocol suffered a security breach resulting in approximately $1.52 million in losses across HyperEVM and MegaETH deployments. Attackers compromised a 2/3 multisig wallet and granted themselves admin privileges including

GateNews12h ago
Comment
0/400
No comments