Attacker Mint 1 Billion CGT Governance Tokens in Exploit Within Curio Ecosystem
Curio, a project that aims to help companies unlock liquidity from their real-world assets, has suffered a $16 million attack on its ecosystem.
According to the web3 detection and prevention project Cyvers on
The attacker in question currently holds these CGT tokens, which are worth almost $40 million, Cyvers Alerts noted.
The notification follows a post from the Curio Ecosystem account on X on Saturday alerting the community about the smart contract exploit.
He explained that a MakerDAO-based smart contract used within the ecosystem was exploited on the Ethereum side. "We are actively addressing the situation and will keep you informed. Please be assured that all Polkadot and Curio Chain contracts remain secure."
"This only affected a portion of our ecosystem, highlighting the importance of multi-chain infrastructure," added account X. He said a recovery plan will be published shortly.
