<ul><li>SIR.trading, an Ethereum-based decentralized finance (DeFi) protocol, suffered a devastating exploit that led to a loss of its entire Total Value Locked (TVL) worth approximately $355,000.</li><li>The creator of the protocol, Xatarrer, offered a $100,000 bounty to the attacker as an incentive to return the stolen funds.</li><li>The exploit took advantage of vulnerabilities in Ethereum's transient storage, temporary data storage used during transaction execution.</li><li>This incident highlights the need for ongoing security research and vulnerability testing in the DeFi ecosystem.</li></ul>

SIR Trading Exploit: DeFi Protocol Loses Entire $355K TVL, Places Bounty on Attacker of $100K

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