Sentiment offers $95k bounty to hacker who stole $1m
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DeFi lending platform Sentiment has responded to a reentrancy attack that resulted in the loss of $1 million worth of crypto by offering a $95,000 bounty to the hacker or anyone with information that could help Sentiment find and prosecute the attacker.
As earlier reported by crypto.news, the hacker exploited a vulnerability in the Sentiment smart contract on the Arbitrum blockchain and repeatedly drained funds from the protocol before its state could be updated.
The Sentiment team announced the incident on Twitter on April 5 and said they had paused the main contract and restricted functionality only to allow withdrawals.
The team also confirmed that they had hired third-party security auditors to fix the issue, enable users to repay debts, and unwind their positions.
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