Another day, yet another exploit in the Decentralized Finance (DeFi) space will be reported.
DeFi is one of the fastest growing segments of crypto space this year. This space also attracted the attention of malicious people and, of course, caused nearly 200 DeFi hacks throughout the year. Some industry advisors expected it to grow in 2022. This was certainly worrisome when I saw the various exploits in 2022. This is another exploit.
End of reception
Degofinance, Crosschain DeFi, and NFT tools were abused on February 10th, leaking more than $ 10 million in network. Various Twitter accounts, including the victim, tweeted the same. It reads as follows:
When I posted the news, various exchanges such as Binance, Kucoin, Gate.io, etc. closed everything. deposit Its native governance and equity tokens, of DEGO.protocol Prompted Do the same to offset the loss, such as Uniswap, Poloniex, PancakeSwap, WazirX, etc.Further network Added:
“We keep all stakeholders up-to-date on the latest developments and discuss with a reputable security team how to identify hackers and recover losses. Have hackers go out and communicate. increase.”
Peckshield, a well-known blockchain security and analytics company I participated Also discussion.A series of tweets by the exploiter Withdrawal Over $ 10 Million from Dego Finance and GameFi Incubator Cocos-BCX.
According to the tweet mentioned above, about 13 addresses have run out of funds. Some belonged to Binance Smart Chain (BSC), Ethereum, and Cronos. Attacker’s address (0x118… c91) Acquired assets It is worth over $ 2.4 million for BSC and over $ 4.9 million for ETH. Even the assets of Cronos 196,256.723 USDT and 199,401.967 USDC have been abused.
Detailed post-reports should be available shortly as part of the next step. However, no such confirmation was available. Nevertheless, the damage has already occurred. The native token, DEGO, was hit hard. At the time of writing, the token was modified by 11% and was trading at $ 4.05.
With one of the biggest DeFi hacks on February 3, Wormhole, a decentralized finance (DeFi) platform, was the victim of the biggest cryptocurrency theft this year and is one of the top five largest crypto hacks in history. I did. The attacker exploited a security flaw and earned nearly $ 325 million.
