Sharwa.Finance has suffered significant losses exceeding $140,000 following multiple attacks, as reported by BlockSec Phalcon. The platform initially disclosed an attack and suspended operations, but further suspicious transactions were detected, exploiting the same vulnerability through a different method. The attacks involved creating a margin account, borrowing assets through leveraged lending, and executing a "sandwich attack" on swap operations.
The vulnerability stemmed from a missing bankruptcy check in the swap() function of the MarginTrading contract, which allowed attackers to manipulate asset swaps. Attacker 1, identified by the address starting with 0xd356, executed multiple attacks, gaining approximately $61,000. Attacker 2, with an address starting with 0xaa24, conducted a single attack, profiting around $85,000.
Sharwa.Finance Loses Over $140,000 in Multiple Exploits
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