Denaria Suffers Smart Contract Attack, Investigates Losses

Decentralized perpetual contract trading platform Denaria announced it experienced a smart contract attack, resulting in a loss of approximately $165,000. According to Foresight News, the team is collaborating with Linea and auditors to investigate the incident and plans to release a comprehensive post-incident analysis soon. As a precaution, all user interfaces have been temporarily suspended. PWA users will be able to access their smart account funds once the application reopens. For users with open trades or USDC holdings in the vault, the team is developing a refund process. Denaria has reached out to the attacker, offering a bounty and inviting contact to avoid legal action.