DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Security Cryptonews

SushiSwap Exchange Suffers Major $3.3 Million Smart Contract Hack – Here's What Happened

Popular decentralized exchange (DEX) platform SushiSwap has suffered more than $3.3 million in losses after a hacker exploited a bug in a smart contract. More specifically, the DEX saw its RouteProcess02 contract, a smar...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

SushiSwap Exchange Suffers Major $3.3 Million Smart Contract Hack – Here's What Happened
Popular decentralized exchange (DEX) platform SushiSwap has suffered more than $3.3 million in losses after a hacker exploited a bug in a smart contract.
More specifically, the DEX saw its RouteProcess02 contract, a smart contract that aggregates trade liquidity from multiple sources and identifies the most favorable price for swapping coins, exploited and then distributed across various blockchain networks....
Read More: SushiSwap Exchange Suffers Major $3.3 Million Smart Contract Hack – Here's What Happened

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context