CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2024-09-27 06:37:01

Bedrock DeFi Hit by $2 Million Exploit: This was through draining funds in uniBTC Pool

The post Bedrock DeFi Hit by $2 Million Exploit: This was through draining funds in uniBTC Pool appeared first on Coinpedia Fintech News Bedrock DeFi has become a target of hackers, with the platform losing $1.7 million from the uniBTC pool. Currently, the attacker’s wallet associated with Tornado Cash contains 650 ETH ($1,7 million). Bedrock has admitted to the breach, but, wBTC and BTC reserves held at the protocol are safe and unaffected. The combined effect is believed …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.