On Sunday, Loopring, an Ethereum zero-knowledge roll-up protocol, announced a significant security vulnerability attack on its smart wallets, linked to the Loopring Official Guardian.
The project is collaborating with security and law enforcement agencies to investigate how the two-factor authentication system was compromised and to track down the cybercriminals.
Loopring Official Guardian Exposed
In a comprehensive announcement shared on platform X, Loopring disclosed that the attacker targeted a subset of the wallet, capitalizing on the vulnerabilities of the Official Guardian. As such, some wallets within Loopring fell victim to this security breach.
Incident Alert: Loopring Smart Wallets Compromised
A few hours ago, some Loopring Smart Wallets were targeted in a security breach. The attack exploited wallets with only one Guardian, specifically the Loopring Official Guardian. The hacker initiated a Recovery process,… pic.twitter.com/Y9mYC4j9QJ
— Loopring (@loopringorg) June 9, 2
We współpracy z: https://cryptopotato.com/loopring-smart-wallets-suffer-a-5-million-exploit/
