Last Updated on April 12, 2023 by Bitfinsider
SushiSwap has issued an update on the weekend’s vulnerability, as well as a proposal to reimburse impacted users.
According to the decentralized exchange, money were either swept up by whitehat security personnel or lost to blackhat hackers.
Funds in the whitehat contract will be claimable using a Merkle Claim contract being developed by the SushiSwap team. “We’ve finished the majority of this work, and it will be live soon,” the DEX said on Twitter.
Recovery of cash taken by criminal actors will be more difficult. Users whose money are held by the blackhat exploiter must submit an email with transaction IDs and blockchain data to email@example.com. (Alternatively, they may start a ticket in the official SushiSwap Discord.)
According to the Sushi team, it is implementing an opt-in claims mechanism and will manage claims on a case-by-case basis.
Sushi stated, “Our objective is to repay all user monies to valid claims,” adding, “We appreciate everyone’s patience and understand your displeasure as we go through recovering cash to affected customers.”
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