MonoSwap, a staking platform on the Blast protocol, has been hacked following a phishing assault from a faux VC fund on one in every of its builders
MonoSwap, a staking platform on the Blast protocol, has been hacked following a phishing assault from a faux VC fund on one in every of its builders.
The attacker put in a phishing app, resulting in the withdrawal of most staked liquidity positions. The stolen funds have been bridged to Ethereum and laundered by way of TornadoCash, with 371 ETH (price roughly $1.3 million) already laundered.
Customers have been suggested to not add liquidity or stake within the farming swimming pools and to withdraw any staked positions instantly.
Moreover, a big liquidation occasion occurred within the cryptocurrency market, with over $100 million liquidated up to now hour, together with an tackle liquidated for $4.63 million amidst an ETH dump.
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