Peckshield has discovered a critical vulnerability in SIL.Fina | Top DeFi

Peckshield has discovered a critical vulnerability in SIL.Finance

Peckshield, a blockchain security company, has diagnosed "a smart contract defect in SIL.Finance's decentralized finance (DeFi) platform."

"According to reports, users who suffered losses due to the contract defect had their withdrawal service disabled since the evening of the 18th, and assets decreased significantly after users' withdrawals on the 19th. Accordingly, Peckshield Security Team's investigation determined that this loss was caused by a high-risk defect in the SIL.Finance smart contract," Peckshield reported.

DeFi's smart money management platform SIL.Finance (Sister In Law) raised $1.3 million in investment and was successfully launched on March 18.