Biggest crypto wallets hacked, with losses in the tens of millions🚨

In brief —

Events Under the Spotlight 🔎

  • Funds were drained from more than 20 cryptocurrencies.
  • The yield aggregator on the Fantom network had its multi-strategy vault hacked.
  • The blackhat hacker took advantage of a critical vulnerability in the smart contract and started draining the vault.
  • The smart contract flaw allowed the hacker to withdraw anybody’s assets to their account.
  • Exploiters unusually removed tokens, as each token was removed in nearly equivalent denominations.
  • For example, transactions with exactly 202,440.725413 USDC were executed over 200 times.
  • Below are the affected tokens in the bridge exploit.

Trending Blog of the Week📈

Our recent article focuses on —



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store