
PANews|Oct 20, 2025 10:42
**[Sharwa.Finance Suffers Multiple Attacks, Total Loss Exceeds $140,000]**
Sharwa.Finance has suffered multiple attacks, with total losses exceeding $140,000. According to reports, attackers exploited a vulnerability in the `swap()` function of the MarginTrading contract. This function lacks a bankruptcy check mechanism and only verifies account solvency at the start of asset exchange, creating a risk of manipulation during operations.
The attackers created margin accounts, leveraged collateral for borrowing, and subsequently launched "sandwich attacks" to profit. Attacker 1 (address starting with 0xd356) carried out multiple attacks, profiting approximately $61,000; Attacker 2 (address starting with 0xaa24) executed one attack, profiting approximately $85,000.
Following the incident, Sharwa.Finance suspended operations, but several suspicious transactions were still observed hours later, suspected to be exploiting variant paths of the same underlying vulnerability.
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