Hope Finance exploit results in $2M stolen from users’ funds

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$2 million stolen from Arbitrum-based algorithmic stablecoin project.

Details of the project are difficult to come by. The platform’s Twitter account was launched in January 2023 and outlined plans for an algorithmic stablecoin called Hope token , which dynamically adjusts its supply relative to the price of Ether .

“It appears that the scammer changed the TradingHelper contract which meant that when 0x4481 calls OpenTrade on the GenesisRewardPool the funds are transferred to the scammer.”

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 562. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

It's amazing how they did it.

Web3 security firm CertiK flagged the incident on Feb. 21, following an announcement from the Hope Finance Twitter account notifying users of the scam.

Smells like an inside job

Dimplesukere It won't continue forever, so act quickly and get in on this strategy that has already paid me five ether and counting.

OasisProtocol OasisNetwork_ES $ROSE

Thats the “story”. lol Who knows what 2 believe in the dark shadows of tokenomics? Buyin $BTC is a sure and safe bet tho 👍🏼

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

LA attorney accused of scamming $10.2M in company funds for six-month Vegas gambling spreeSara Jacqueline King of Orange County is accused of a massive fraud scheme in which she allegedly spent over $10 million of company money to fund a six-month partying and gambling spree at the Wynn Las Vegas. This is nothing compared to what other attorneys do and You should see what Judges do. So much for setting a good example on how young women can break the glass ceiling.
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