Sweat Protocol Thwarts Multi-Million Dollar Exploit
- DeFi Protocol
- Security
Sweat Protocol narrowly escaped a multi-million dollar exploit on May 11, when multiple foundation accounts were drained in a 30-second window. Security firm Blockaid flagged the attack, and the team quickly paused the token contract while coordinating with exchanges like MEXC to halt further damage. CT praised the rapid response as a rare win against hackers, though questions lingered about initial vulnerabilities. User balances were restored, turning a potential disaster into a recovery story.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $0
- Status
- Funds recovered
Token contract paused and exchanges contacted to prevent further loss. User balances restored.