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DeFi Project SaucerSwap on Hedera Reports Persistent Vulnerability Attack

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On March 10, the DeFi project SaucerSwap on Hedera tweeted that a persistent vulnerability had attacked the Hedera network. The target of the vulnerability was

DeFi Project SaucerSwap on Hedera Reports Persistent Vulnerability Attack

On March 10, the DeFi project SaucerSwap on Hedera tweeted that a persistent vulnerability had attacked the Hedera network. The target of the vulnerability was the decompilation process in the smart contract. An attacker has attacked the Pangolin and HeliSwap pools containing wrapped assets. It is uncertain whether other HTS tokens are also risky. There is no report about the theft of SaucerSwap users’ funds at present, but as a preventive measure, we encourage everyone to withdraw their working capital immediately.

SaucerSwap: Hedera network is attacked, and users are advised to withdraw working capital

Analysis based on this information:


The DeFi project SaucerSwap on Hedera revealed that it had been the target of a persistent vulnerability attack on March 10. The attack targeted the decompilation process in the smart contract, and the attacker had targeted the Pangolin and HeliSwap pools containing wrapped assets. It is unclear whether other HTS tokens are at risk.

Despite the attack, there have been no reports of any theft of SaucerSwap users’ funds so far. However, SaucerSwap is encouraging users to withdraw their working capital as a preventive measure to avoid any potential future losses.

The attack highlights the vulnerability of DeFi projects, despite the high security measures that they employ. It also underscores the importance of staying alert to any possible threats and taking preventive action whenever necessary.

With the increasing demand for decentralized finance (DeFi) platforms, the number of vulnerabilities and attacks targeting DeFi projects is also on the rise. Given that the smart contracts governing these platforms are often complex and difficult to comprehend, attackers may easily exploit these vulnerabilities to gain unauthorized access to funds and assets.

The SaucerSwap attack is a call to action for other DeFi projects to enhance their security measures and ensure that their systems are robust enough to withstand attacks from hackers.

Therefore, it is vital for DeFi platforms to take proactive measures to safeguard their systems against potential attacks. They must collaborate with security experts and auditors to identify the vulnerabilities in their smart contracts and implement measures to address them.

In conclusion, the SaucerSwap attack on Hedera illustrates how DeFi projects are vulnerable to persistent vulnerability attacks. It highlights the importance of staying vigilant and proactive in safeguarding systems from potential threats, and collaborating with experts in the field of security to address vulnerabilities in smart contracts.

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