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Project Suffers Security Breach: Actions Taken and Future Steps

Sep 17, 2024
  1. Incident Description
  2. Actions Taken
  3. Looking Forward

We regret to inform the community that our project recently experienced a security breach, compromising the owner wallet that controls key contract functions.

Incident Description

The breach resulted in a significant increase in token supply from 732 trillion to 4.4 quadrillion. The hacker sold tokens on PancakeSwap, draining liquidity.

Actions Taken

1. **Contract Warning**: We ask all community members to refrain from interacting with the contract until further notice. 2. **Restoring Liquidity**: Our immediate focus is to rebuild the liquidity pool (LP) and stabilize the token’s value. 3. **Enhanced Security Measures**: We are migrating to a new, more secure proxy admin with multi-sig approval. 4. **Compensation Plan**: We will ensure everyone affected by this incident is compensated.

Looking Forward

Despite the situation, our project remains strong. We appreciate the community’s trust and patience as we implement recovery measures and return to normal operations.

For now, we ask everyone to stay updated via our official channels as we work through this together.

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