The chief technology officer of decentralized financial platform (DeFi) SushiSwap, announced that a hacker breached the supply chain of its token launchpad, MISO.
The hacker exploited a single target of the Jay Pegs Auto Mart token auction, a parody NFT project imitating the value of a 2007 Kia Sedona.
Just last month, a White Hat security developer miraculously saved the SushiSwap protocol from a potentially catastrophic $350 million hack, again through its token launch platform, MISO, after discovering a serious vulnerability in the BitDAO token auction contract.
Fortunately, the exploit was not discovered by lurking hackers, and the sale went off without a hitch. Despite this, the event demonstrated, in White Hat's words, an "obvious mistake" made by the team's security operation.
The DeFi platform announced its highly anticipated "7/20" project update this July, revealing the future release of a new automated market maker called Trident, designed to become the most capital efficient in the market.
