Hackers stole more than $100 worth of cryptocurrencies from Grim Finance $30 millions – Bits Media

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Хакеры похитили с Grim Finance криптовалюты более чем на $30 миллионов - Bits Media

DeFi platform Grim Finance reported, that hackers exploited a smart contract bug and compromised wallets, by withdrawing tokens to $30 millions.

Cryptocurrency platform Grim Finance, launched on Fantom Opera,
reported 19 December on Twitter, that it was subject to a hacker attack. IN As a result, more than $30 millions. The operator did not provide more detailed information about, what tokens and in what volumes were withdrawn from the platform.

Hackers gained access to the platform's wallet through the beforeDeposit function(), using a malicious token contract. An exploit was discovered in a cryptocurrency wallet contract. Therefore, Grim Finance has suspended accepting deposits to wallets, to protect users' money from the potential risk of withdrawal by attackers.

The developers asked users to quickly withdraw assets from the platform, since all wallets are compromised and money is under threat of hacker attack. The operator told Circle (USDC), DAI and AnySwap address of the attacker, so that they block further illegal transfers of tokens from the platform.

The project thanked the companies, such as Beefy, Tomb, SpiritSwap and FTM Alerts, who provided her with information about a cyber attack. Grim Finance did not report any contact with law enforcement agencies or actions, aimed at identifying intruders. The company warned users, that all information on the investigation of the incident and the resumption of the platform will later be posted on the official Grim Finance resource.

This week, the Vulcan Forged gaming service lost about $100 millions. In early December, hackers stole more than $150 millions in cryptocurrencies from the Bitmart exchange.

Recently, Crystal Blockchain Research analysts prepared a report on hacks and fraud in the cryptocurrency industry for the period from 2011 by 2021 year. At the end of the decade, the total equivalent of cryptocurrencies stolen by hackers exceeded $12.1 billion.