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Author Topic: Spartan Protocol exploit results in loss of $30M  (Read 412 times)

Offline Dociko

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Spartan Protocol exploit results in loss of $30M
« on: May 02, 2021, 05:49:21 PM »
The price of SPARTA token plunged 30% on Sunday as details of the attack came to light.
Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday.

The exploit targeted a “flawed liquidity share calculation” in the SPARTA/WBNB liquidity pool, which enabled the attacker to withdraw the funds, blockchain security company PeckShield explained.
Source: Cointelegraph


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Spartan Protocol exploit results in loss of $30M
« on: May 02, 2021, 05:49:21 PM »

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