Tapioca DAO Faces Security Breach, Tokens Stolen and Converted to ETH

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A security breach at Tapioca DAO resulted in the theft of 21 million TAP tokens, converted to 591 ETH and transferred to the BNB Chain, leading to a 93% drop in TAP token value.

According to PANews, Tapioca DAO has reportedly experienced a security breach. Monitoring by Cyvers Alerts indicates that the deployment address of Tapioca DAO may have been compromised, and the ownership of the associated lock-up contract has been altered. The new address utilized an 'emergency rescue' function to extract over 21 million TAP tokens, subsequently converting them into 591 ETH. This incident led to a dramatic 93% drop in the value of TAP tokens. The suspicious address then transferred the funds via the Stargate cross-chain bridge to the BNB Chain, where it currently holds approximately $4.7 million in BSC-USD and USDC.

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.