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The timing of the exploit could not be worse.

Over the weekend, SushiSwap suffered a major security breach when a bug in its RouterProcessor2 contract was exploited, leading to the theft of approximately $3.3 million worth of Ethereum (CRYPTO: ETH) from a user's wallet. PeckShield, a blockchain security and data analytics company, confirmed that the "approve-related bug" in the contract allowed the attacker to steal 1,800 ETH from the victim's wallet.

Exploiters found an approval bug in SushiSwap's Route Processor 2, draining the smart contract of $3.3 million in funds over the weekend.

In an exclusive interview with crypto.news, pseudonymous white-hat hacker known as Trust has shared crucial details regarding a recent hack that took advantage of a vulnerability in the RouteProcessor2 contract.

SushiSwap [SUSHI] recently fell victim to a white hat exploit, which resulted in a loss of millions of dollars worth of Ethereum [ETH]. For context, SushiSwap faced a router processor bug on 9 April 2023, causing a loss of nearly 1800 ETH, which was worth more than $3 million.

‘White hat' hackers are working to recover more of the stolen funds as of Monday.

A Twitter user called out SushiSwap and urged the platform to take steps to prevent incidents in the future.

On April 9, several security reports on Twitter revealed that a bug in a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to losses of over $3 million. According to CertiK Alert and Peckshield, blockchain security companies, the bug occurred in the approval function in Sushi's Router Processor 2 contract.

SushiSwap, a popular decentralized exchange, has experienced a major exploit, leading to the loss of over $3.3 million from one of its users. Let's break down the events and uncover the details of this security incident. It seems the @SushiSwap RouterProcessor2 contact has an approve-related bug, which leads to the loss of >$3.

In the wee hours of April 9, a bug in a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to losses amounting to over $3 million, according to security reports on Twitter from blockchain security firms CertiK Alert and Peckshield. It seems the @SushiSwap RouterProcessor2 contact has an approve-related bug, which leads to the loss of >$3.3M loss (about 1800 eth) from @0xSifu.

SushiSwap chef Jared Gray called users on social media to revoke the contract error approval of RouteProcessor 2 as soon as possible.

According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap's smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.

A smart contract bug in the popular decentralized exchange SushiSwap has led to the theft of about $3.3 million in Ethereum (ETH). According to the crypto analytics firm PeckShield, the bug is connected to the contract approval process and is related to an update that was implemented a few weeks ago.

In a recent fraud, the SushiSwap RouterProcessor2 contact has been discovered to have an approve-related bug. This flaw has resulted in the loss of over $3.3 million (roughly 1800 ETH) from 0xSifu.

The decentralized exchange says it's "all hands on deck" and that some of the funds have been recovered.

A white hat hacker found himself in a race against time and malicious bots after identifying a vulnerability in SushiSwap's RouterProcessor2 contract, losing over $3.3m

Jared Grey, head chef of Japan-based DAO, Sushi, stated that no one associated with Sushi has violated U.S. federal security laws in response to a subpoena from the SEC. Grey is cooperating with the SEC and stated that it is unknown whether further subpoenas will be issued to others linked with Sushi.

Only users who have traded on the decentralized exchange in the last four days are apparently affected.

SushiSwap was on April 9 hacked for more than $3.3m. It follows a bug in the approval system of the exchange's RouterProcessor2 contract on Ethereum

Decentralized exchange (DEX) SushiSwap is the latest victim of a DeFi exploit causing at least $3.3 million in losses for one user.

The funds were siphoned off a single user.

On 9 April, numerous reports surfaced about a bug in a SushiSwap [SUSHI] feature that had already caused the loss of millions of dollars. Jared Gray, the CEO of SushiSwap, later verified the report and outlined the necessary measures to rectify the situation.

In an ironic twist of fate, SushiSwap, the decentralized exchange that gained notoriety due to its founder's controversial token sale, has lost over $33 million in Ethereum due to a bug in its approval system.

Sushi DAO's head chef, Jared Grey, has released a statement addressing the subpoena served against himself and the protocol by the United States Securities and Exchange Commission (SEC).