Published 2 days ago • loading... • Updated 1 day ago

DeFi protocol SIR.trading loses entire $355K TVL in ‘worst news’ possible

Summary by Cointelegraph

Ethereum-based DeFi protocol SIR.trading was hacked on March 30, resulting in the loss of its entire TVL. Security firms said the attack leveraged Ethereum’s transient storage feature.

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

14 Articles

All

Left

Center

Right

Coinfomania

DeFi Security Breach: SIR.trading Loses $355K in 'Clever Attack' Exploit!

This innovative financial products-based DeFi protocol on Ethereum recently faced another DeFi security breach because of an SIR.trading vulnerability on March 30, 2025, wiping out the total value locked (TVL) of the protocol, about $355k. The exploit was analyzed by both security firms, TenArmor and Decurity, and it was found that the exploit was a breach of the Vault contract of the protocol. The event continues to shed light on the ever-prese…

1 day ago

Read Full Article

Crypto Breaking News

SIR.trading pleads for return of $255K from hacker to prevent business collapse

The founder of Sir Trading pleads with hacker to return funds or company may not survive Sir Trading, a renowned trading platform, is in a dire situation after a hacker breached its security systems and made off with a substantial amount of funds. The founder of the platform is now begging the hacker to return the stolen funds, emphasizing that the company’s survival is at stake. In a heartfelt plea, the founder outlined the devastating impact o…

1 day ago

Read Full Article

DailyTruthReport

Reposted by

TheSpuzz

SIR.trading begs hacker to return $255K or ‘no chance for us to survive’

The post SIR.trading begs hacker to return $255K or ‘no chance for us to survive’ appeared first on Daily Truth Report • DailyTruthReport.com.

1 day ago

Read Full Article

Metaverse Post

AI Security at Risk Over $140M in TVL Exposed to Hidden Threats

Sentient, the Open AGI Foundation, and Princeton University completed recent research that highlighted serious security flaws in AI agent frameworks. These flaws expose AI systems that manage financial transactions to exploitation, possibly placing over $140 million in Total Value Locked (TVL) at risk. The study shows that attackers may control AI agents by inserting malicious data, allowing illegal transactions, and causing undesired behaviors.…

2 days ago

Read Full Article

Crypto Economy

Security Alert! SIR.Trading Loses Entire TVL in Hack - Crypto Economy

TL;DR The DeFi protocol SIR.Trading was hacked on March 30, resulting in the loss of its entire locked value of $355,000. The attack exploited a vulnerability in Ethereum’s new transient storage system, introduced with the recent Dencun upgrade. Despite the major setback, the project’s team has stated its intention to continue operations and improve its security infrastructure. The DeFi ecosystem has suffered another major blow following the co…

2 days ago

Read Full Article

Crypto News Land

Ethereum-Based DeFi Protocol SIR.Trading Hacked, $355,000 Drained

A hacker drained $355000 from SIR.trading by exploiting a security flaw in its Vault contract. The attack used Ethereum's transient storage feature to repeatedly withdraw funds from the protocol. The stolen funds were moved to Railgun and recovery remains uncertain as security concerns grow in DeFi. Ethereum-based decentralized finance (DeFi) protocol SIR.trading has been hacked, resulting in the complete loss of its total value locked (TVL). Th…

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year