Silo Finance hacked, $545K in loss reported so far

Decentralized crypto lending protocol Silo Finance confirmed on Wednesday that hackers had exploited a smart contract in its network. Reports from security analysts show that the exploit may have resulted in a loss of approximately $545,000. According to blockchain security firm PeckShield, the vulnerability was discovered in a user-controlled input issue in the contract’s openLeveragePosition […] source: https://www.cryptopolitan.com/silo-finance-hacked-545k-in-loss-reported/