Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Slow Mist Cosine: A Munchables developer is a North Korean hacker who launched the attack after gaining the trust of the team

Slow Mist Cosine: A Munchables developer is a North Korean hacker who launched the attack after gaining the trust of the team

CointimeCointime2024/03/27 01:27
By:Cointime

SlowMist founder, Yu Xian, posted on X platform regarding the attack on Munchables, stating that the protocol on Blast was stolen for 62.5 million US dollars. According to the investigation by blockchain detective ZachXBT, it was because one of their developers was a North Korean hacker. This is at least the second DeFi project that has encountered this type of situation. The core developer disguised and infiltrated for a long time, gained the trust of the entire team, and then struck mercilessly at the right time. There are probably many victims, and we will closely follow up.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Analysis Company Reveals Interesting Fact About TRUMP and MELANIA Memecoins!

Chainalysis revealed that half of TRUMP and Melania investors have never purchased Solana before.

Bitcoinsistemi2025/01/23 21:00

Donald Trump’s Daughter Ivanka Trump Responds to “IVANKA” Memecoin Rumors

Following the TRUMP and MELANIA memecoins, it was claimed that Ivanka Trump also launched her own memecoin.

Bitcoinsistemi2025/01/23 21:00

“June Concern” Looms for SEC’s New Cryptocurrency-Friendly Administration

Concerns have begun about the upcoming June for the cryptocurrency-friendly SEC administration that started with Trump in the USA.

Bitcoinsistemi2025/01/23 21:00