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Scallop Protocol Loses $142K in DeFi Exploit on Sui Network

By Trader Edge at 2026-04-27 05:50

Sentiment: Negative

TLDR Scallop Protocol lost ~$142,000 (150,000 SUI) in an exploit on April 26, 2026 An attacker targeted a deprecated V2 rewards contract from November 2023 An uninitialized “last_index” variable let the attacker claim the entire rewards pool Core protocol and user deposits were unaffected; operations resumed within two hours The attacker offered to return 80% [...] The post Scallop Protocol Loses $142K in DeFi Exploit on Sui Network appeared first on CoinCentral. Continue reading...

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Source Coin Central