Decentralized Money Market Protocol Loses $4.3M in Social Engineering Attack
Tapioca DAO, has been the victim of a social engineering attack in which criminals exploited a vulnerability to compromise the ownership of the TAP token vesting contract. The breach led to the sale of 30 million vested tokens. A blockchain security firm detected suspicious activity involving Tapioca DAO. The attacker withdrew millions of TAP tokens, […]
Go to Source
Author: Terence Zimwara
Related posts:
- Digital Asset Platforms Lose a Record $2.1B in 2024, Mostly Due to Hacks
- Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions
- Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support
- Ronin Network Reclaims $12 Million in Stolen Digital Assets