HomeCoinsEthereum (ETH)$55 million stolen in private key leak

$55 million stolen in private key leak

- Advertisement -


advertisement

$55 million stolen in private key leak

Decentralized finance (DeFi) lending protocol bZx was compromised for $55 million today, in what is becoming a recurring theme.

According to a tweet from the protocol today, the private key controlling the project’s deployment on Polygon and Binance Smart Chain (BSC) was compromised earlier in the day.

Blockchain security outfit SlowMist issued an alert stating that over $55 million was siphoned from the project by suspected attackers.

As of the time of writing, these funds are domiciled in seven separate addresses believed to be controlled by the hacker. According to the breakdown by SlowMist, the address with the most funds holds about $18.4 million, with other addresses having balances of $6 million, $13.8 million, $15.5 million, and $697.

The bZx team has advised yield farmers who have interacted with the protocol on the Polygon and BSC chains to revoke such approvals as quickly as possible.

The DeFi lending protocol also stated that the bZx’s smart contract was not affected by the private key leak. Also, with the project’s Ethereum deployment under the governance of a decentralized autonomous organization (DAO), funds on that particular chain are also reportedly safe from the incident.

bZx has suffered attacks on three other occasions, losing over $8 million in the most recent exploit, which took place in September 2020.

Trending Stories





Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,546FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 56,233.00
ethereum
Ethereum (ETH) $ 4,515.75
tether
Tether (USDT) $ 0.99684
bitcoin-cash
Bitcoin Cash (BCH) $ 560.70
litecoin
Litecoin (LTC) $ 201.53
eos
EOS (EOS) $ 3.99
okb
OKB (OKB) $ 27.74
tezos
Tezos (XTZ) $ 5.20
leo-token
LEO Token (LEO) $ 3.55
cardano
Cardano (ADA) $ 1.63
monero
Monero (XMR) $ 235.62
stellar
Stellar (XLM) $ 0.349655
chainlink
Chainlink (LINK) $ 25.18
huobi-token
Huobi Token (HT) $ 9.69
tron
TRON (TRX) $ 0.099876
usd-coin
USD Coin (USDC) $ 0.995413
dash
Dash (DASH) $ 177.13
neo
NEO (NEO) $ 37.23
iota
IOTA (MIOTA) $ 1.46
nem
NEM (XEM) $ 0.168878
zcash
Zcash (ZEC) $ 227.63
maker
Maker (MKR) $ 2,901.67
paxos-standard
Pax Dollar (USDP) $ 0.996164
ethereum-classic
Ethereum Classic (ETC) $ 46.65
vechain
VeChain (VET) $ 0.116855
true-usd
TrueUSD (TUSD) $ 0.991893
ftx-token
FTX Token (FTT) $ 48.77
kucoin-shares
KuCoin Token (KCS) $ 25.35
waves
Waves (WAVES) $ 20.90