related article: He was bullied at school but now lives a lavish lifestyle thanks to trading in Bitcoin and other cryptocurrency
Recently, the DeFi bZx platform has been hacked. This time, hackers managed to withdraw 2378 ETH ($ 635,000).
This is the second hack bXz this year. A week earlier, attackers stole about 1,200 ETH from the platform. In total, having completed two attacks, they managed to get more than $ 1 million.
related article: Australian investor bought a 2,800sqm property in Charleville with money he earned by innovative financial tool
According to experts, the two attacks were verysimilar in structure and performed in a single transaction. The hacker used loopholes in the trading system in order to complete the transaction and withdraw funds to his wallet.
The illegal transaction address has already been published by independent researchers.
Recall that recently, Charlie Lee criticized DeFi systems. According to him, the complexity in the architecture and operation of such systems "will lead to many critical errors and bugs."
According to the materials u.today
Read this:
Hackers hacked Johannesburg city portal and demanded a ransom in bitcoins
The seventh hack for the year brought the loss of bitcoin exchanges to $ 105 million
Cryptocurrency platform bZx lost part of collateral as a result of attack
Circle sells OTC cryptocurrency exchange to Kraken due to lower spread
Dfinity showcases decentralized version of LinkedIn social network
John McAfee Launches McAfeeDex Decentralized Token Exchange