The group has also reached out to the hacker to discuss the possible recovery.
Hours after the issue was discovered, the purported wallet sent $30,000 USDC.
A $1 million estimated attack caused Solana-based Cypher Protocol, a decentralized futures exchange, to suspend its smart contract. On August 7th, Cypher tweeted its users to let them know that the platform had encountered a security breach and had temporarily disabled its smart contract.
The group has also reached out to the hacker to discuss the possible restitution of stolen monies and is determining the root cause of the vulnerability. Data from the Solana blockchain explorer Solscan suggests that the wallet associated with the vulnerability took about 38,530 SOL tokens and $123,184 USDC, for a grand total of $1,035,203.
Hours after the issue was discovered, the purported wallet sent $30,000 USDC to the Solana USDC address “kiing.sol” on the cryptocurrency exchange Binance, suggesting an effort to withdraw the stolen assets
We współpracy z: https://thenewscrypto.com/cypher-protocol-hit-by-1-million-attack-freezes-smart-contract/
