Not a day goes by in the crypto money Market so that we do not encounter a new hacking event. The attackers again targeted a DeFi cryptocurrency project. The project team says in a statement that all funds are at risk.
Hacked cryptocurrency platform: All funds are at risk!
parofix.com As we reported, the leveraged return platform Steadefi has announced that it has been hacked. The DeFi cryptocurrency project also said that all funds are currently at risk. At the moment, it’s unclear how much damage the platform has suffered. The Steadefi team, however, offered the attackers a deal. Accordingly, the team offered 10% of the stolen money as a reward. In this context, Steadefi made the following announcement:
Steadefi also appealed to the attackers, stating that they would not push it further if they agreed. At the same time, he underlined that there would be no risk of law enforcement. The crypto money platform team gave the hackers until August 10, TSI 11. However, the team warned the attackers that if they did not accept the offer, they would take legal action.
Accordingly, Steadefi said, “If you choose not to participate in voluntary restitution and complete the process by 11 a.m. on August 10, we will extend the award to the public. We will also offer the full 10% to the person who can identify you, leading to your conviction in the courts. We will follow you from every angle with the full scope of the law.”
The loss of the cryptocurrency platform is at least $ 334 thousand
According to the latest data, in the Steadefi hack, attackers carried out at least $ 334,000 worth of exploits. According to data from DeFiLama, the app’s locked total value (TVL) dropped as a result of the attack. The Steadefi team announced that they had sent an on-chain message to an address. Blockchain data reveals that there were a number of large entries to this address on the Avalanche Blockchain, starting at 19:41 CET.
Steadefi total locked value (TVL). Source: DeFi Llama.
Among the Tokens transferred to the address are 130,429 USD Coins, 3.39 Bitcoin, 15 Wrapped Ether (WETH) and 6,184 Avalanche (AVAX). Besides WETH, all other tokens were immediately exchanged for WETH. The cryptocurrency platform hacker then bridged 184 WETH to another network over the Synapse bridge. The address also appears to have performed a similar series of transactions on the Arbitrum network.
Contact us to be instantly informed about breaking news Twitter’also Facebookand InstagramFollow along on and Telegram and YouTube Join our channel!
parofix.com
Hacked cryptocurrency platform: All funds are at risk!
parofix.com As we reported, the leveraged return platform Steadefi has announced that it has been hacked. The DeFi cryptocurrency project also said that all funds are currently at risk. At the moment, it’s unclear how much damage the platform has suffered. The Steadefi team, however, offered the attackers a deal. Accordingly, the team offered 10% of the stolen money as a reward. In this context, Steadefi made the following announcement:
Steadefi gave the attackers time to negotiate
Steadefi also appealed to the attackers, stating that they would not push it further if they agreed. At the same time, he underlined that there would be no risk of law enforcement. The crypto money platform team gave the hackers until August 10, TSI 11. However, the team warned the attackers that if they did not accept the offer, they would take legal action.
Accordingly, Steadefi said, “If you choose not to participate in voluntary restitution and complete the process by 11 a.m. on August 10, we will extend the award to the public. We will also offer the full 10% to the person who can identify you, leading to your conviction in the courts. We will follow you from every angle with the full scope of the law.”
The loss of the cryptocurrency platform is at least $ 334 thousand
According to the latest data, in the Steadefi hack, attackers carried out at least $ 334,000 worth of exploits. According to data from DeFiLama, the app’s locked total value (TVL) dropped as a result of the attack. The Steadefi team announced that they had sent an on-chain message to an address. Blockchain data reveals that there were a number of large entries to this address on the Avalanche Blockchain, starting at 19:41 CET.
Steadefi total locked value (TVL). Source: DeFi Llama.
Among the Tokens transferred to the address are 130,429 USD Coins, 3.39 Bitcoin, 15 Wrapped Ether (WETH) and 6,184 Avalanche (AVAX). Besides WETH, all other tokens were immediately exchanged for WETH. The cryptocurrency platform hacker then bridged 184 WETH to another network over the Synapse bridge. The address also appears to have performed a similar series of transactions on the Arbitrum network.
Contact us to be instantly informed about breaking news Twitter’also Facebookand InstagramFollow along on and Telegram and YouTube Join our channel!
parofix.com
