• 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

What is DeRace: Gameplay, DERC Token, NFTs, and GameFi Features Explained

chest

Explore DeRace: gameplay, NFT, tokens, and in-game economy. A clear overview of mechanics, features, and GameFi potential.

user avatarElena Ryabokon

What is Defina Finance: Gameplay, Tokens, NFTs, and GameFi Mechanics Explained

chest

Explore Defina Finance: gameplay, NFT system, tokens, and in-game economy. A clear overview of mechanics, features, and GameFi potential.

user avatarElena Ryabokon

Yuliverse Review: How This Web3 Game Uses Tokens, NFTs, and Real-World Interaction

chest

Explore Yuliverse, a Web3 game with geolocation, NFTs, and tokens. Learn how its economy works and what opportunities it offers to players.

user avatarElena Ryabokon

Anoma Overview: How Intent-Based Architecture Works and Project Potential

chest

Explore Anoma’s intent-centric model, architecture, and ANOMA token. Learn how this project transforms blockchain interaction and enables a new Web3 paradigm.

user avatarElena Ryabokon

Aztec Network Overview: Technology, AZTEC Token, and Privacy Layer 2 Potential

chest

Explore Aztec Network: a privacy-first zkRollup for Ethereum. Learn about PXE, AVM, AZTEC token, and how confidential smart contracts reshape Web3.

user avatarElena Ryabokon

What Is Base? Overview of Coinbase’s Layer 2 Network, Technology and Ecosystem

chest

Overview of Base: a Layer 2 network by Coinbase using Optimistic Rollups, its ecosystem, features and role in scaling Ethereum and expanding Web3 infrastructure.

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.