SushiSwap Smart Contract Exploit Results in $3.3 Million Losses
A bug in SushiSwap's RouterProcessor2 contract was exploited to steal about $3.3 million worth of Ethereum from a single user's account. The flaw was the failure to validate access permissions halfway through a swap transaction. SushiSwap's CTO confirmed the bug and said that several rescues have been initiated, and they are continuing to monitor and rescue funds as they become available. Despite the hack, the price of SushiSwap's SUSHI token has dipped only slightly in the past 24 hours.