• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
About $18 million was stolen from the accounts of the Flare project

About $18 million was stolen from the accounts of the Flare project

user avatar

by dapp_writer005

3 years ago

DeFi protocol Flare on BNB Chain has been attacked by scammers. As a result, nearly 18 million BUSD and 4,000 BNB were stolen. Blockchain security company PeckShield noted that the protocol token has collapsed to zero. Also, experts noted the effect of the rug pull fraudulent scheme.

The hackers managed to transfer part of the stolen funds to the Tornado Cash service.

The hacker started a dialogue with the Flare team through transactions. In the messages, he asked for information about the project and confirmed that this is not a scam. The developers gave a response in which they noted the importance of returning stolen funds to users and restoring security. They offered the hackers to resolve all issues via email.

Last week, it became known that about $4 million was stolen from DFX Finance.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Ether.fi Explained: eETH Token, ETHFI Governance and Liquid Staking on Ethereum

chest

Learn how Ether.fi works: liquid staking, the eETH token, ETHFI governance, and how restaking expands opportunities for Ethereum staking within the DeFi ecosystem.

user avatarElena Ryabokon

Zircuit Explained: Ethereum Layer-2 Scaling, Rollup Technology, and the ZRC Token

chest

Overview of the Zircuit crypto project: Ethereum Layer-2 network, rollup architecture, security mechanisms, and the role of the ZRC token in scalable blockchain infrastructure.

user avatarElena Ryabokon

Kelp DAO Explained: rsETH Token, Liquid Restaking, and EigenLayer Integration

chest

Learn how Kelp DAO works: liquid restaking, the rsETH token, EigenLayer integration, and how the protocol improves capital efficiency within the Ethereum and DeFi ecosystem.

user avatarElena Ryabokon

Puffer Finance Explained: How pufETH and Liquid Restaking Work on Ethereum

chest

Learn how Puffer Finance works: liquid restaking, the pufETH token, EigenLayer integration, and how the protocol improves Ethereum staking efficiency within the DeFi ecosystem.

user avatarElena Ryabokon

Space Misfits Web3 Game: Gameplay, Tokens, and the Player-Driven Space Economy

chest

Discover Space Misfits, a Web3 space exploration game with blockchain assets, token economy, and player-driven gameplay in a persistent online universe.

user avatarElena Ryabokon

What Is Swell Network? Liquid Staking, swETH, rswETH and the SWELL Token Explained

chest

A detailed overview of Swell Network, including liquid staking, restaking mechanics, swETH and rswETH tokens, and the role of the SWELL token in the Ethereum DeFi ecosystem.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.