CoinVoice recently learned that Tapioca DAO suffered a major security breach, with attackers stealing approximately $4.4 million in cryptocurrency and the price of TAP tokens plummeting by more than 95%.

The attacker obtained the private key through social engineering, resulting in a large amount of funds being transferred. Despite this, the team worked with security agencies and successfully transferred 1,000 ETH (about 2.7 million US dollars) to a safe location to avoid further losses. Currently, the hacker still holds some of the stolen assets, and the team is continuing to work hard to recover the rest of the funds. [Original link]