Unknown attack on the decentralized platform Orion Protocol, which is based on Ethereum and BNB Chain. The hacker got away with stealing $3 million.
1/ Again, a $3M lesson from the reentrancy bug! The @orion_protocol is hacked due to a reentrancy issue in its core contract: ExchangeWithOrionPool. Both eth/bsc deployments are hacked. Here are the two related hack txs: https://t.co/YvRIRq6T57https://t.co/GbexocEZAo https://t.co/lF13kbMkA8
— Peck Shield Inc. (@peckshield) February 3, 2023
Specialists in PeckShield indicate that the attacker caused a reentry attack. Similar incidents are possible for the apparent pardons of the code and shortcomings of the protocol security system. The Orion Protocol team found out that the hacker attack had taken place and they initiated the deposition function.
CEO of the project Oleksiy Koloskov sub-seatthat the coristuvachi did not spend money – the active companies suffered less:
“We want to sing our coristuvachis, what is good for them without recognizing shkodi under the hour of the incident.”
I added that the inconsistency could be vindicated through the use of third-party libraries for writing smart contracts. Nadali, following the words of Koloskov, the team of retailers will lean more on the powers that be.