PeckShield: Silo Finance encounters security breach, resulting in a loss of approximately $545,000

PANews reported on June 25 that, according to PeckShieldAlert, Silo Finance suffered an attack resulting in a loss of approximately $545,000.

Silo Finance stated that its core smart contracts (including the market and treasury) were unaffected, and the incident was limited to a test contract used for automatic leverage, which has now been paused. The UI router has been temporarily suspended and will be restored soon.