Flare Defi project on BNB Chain hacked $ 17.9 million

The unknown deduced from the Defi-protocol Flare on BNB Chain assets of $ 17.9 million. The protocol token collapsed to zero, Peckshield experts drew attention.

Experts emphasized that we are not talking about the infrastructure project Flare Networks.

About 17 million BUSD and 4000 BNB became the prey of an attacker. The cracker sent part of the assets to the Tornado Cash mixing service.

Peckshield allowed the possibility of implementing the Rug Pull fraudulent scheme by developers, since 3.9 billion Flare tokens was removed from the protocol through the WithDrawprofit function of an unbelied smart contract.

The hacker also entered into correspondence with the team through transactions.

“Could you send me a little information about your project? If this is not a bench, maybe we can talk, ”his message said.

The developers in response assured that for them the priority “save the loss of ecosystem users”, and https://gagarin.news/news/telegram-almost-ready-to-auction-unique-usernames/ offered an email as a further communication channel.

“Of course, we hope that we can solve the problem in a friendly way,” they said.

Recall that October has become a record month since the beginning of the year for the damage from exploits – about $ 760.2 million. A little more than $ 100 million of this amount was returned to the protocols.

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