An automated market maker, SudoRare, has suddenly gone offline completely after withdrawing 519 ETH worth over $800,000.
SudoRare is a decentralized protocol on which digital assets can be traded by accessing liquidity pools. This is different from the traditional system where buyers and sellers provide different prices for any asset. For SudoRare, ERC-721 tokens are swapped for ERC-20.
Findings show that Sungjae_han, a crypto user, is one of the first persons to pick the signal.
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