Many Tokens Stolen!#ChainSwap, in which many popular companies invest, has been hacked!
馃敟The Swap project, whose investors include #OKEx, #NGC, Spark Digital Capital, Continue Capital, was hacked. The approximate damage is estimated at $2.3 million. It was reported that more than 20 tokens were affected by this attack while damage assessment studies were continuing. The token price of hacked Chainswap systems dropped by 30%.
馃敟ChainSwap Hacked
ChainSwap, which is an inter-chain asset bridge, provides clearing services in ETH, BSC, HECO parities. ChainSwap was hacked in the early hours of the morning. The attack is thought to have been carried out due to a contract vulnerability in swap systems.
Hackers gaining unauthorized access to the system had the opportunity to steal many tokens staked in the project. It is estimated that around 20 different tokens were stolen. According to the first determinations, the value of the digital assets that hackers seized and sold a significant part of it is over $ 2.3 million. Damage assessment studies and measures continue at full speed. Urgently, PancakeSwap has suspended trading for some tokens. Some of the stolen project tokens could only be sold through PancakeSwap.
馃懆鈥嶐煉籇ora Factory (DORA) Stolen Price Dropped
#DORA was the first token reported among assets stolen from the system. As soon as the news came, the price turned red and recorded a loss of 13%. 7872 DORA stolen from ChainSwap systems costs approximately $50,000. The biggest chance of the project is that there are not very serious stake customers yet. Because the attackers could wipe out anything they found. All stolen assets belong to the project's foundation.
#Dora foundation is expected to withdraw liquidity support from all systems except a few reliable #DeFi projects after this event. Although the amount was small against Dora volume, it sold as investors were worried that the loss would be bigger. What happened this morning should not be seen as disrupting the #DORA project.
馃敟Tokens Affected by the ChainSwap Event
About 20 tokens were affected, one of which was DORA. We list other damaged projects below. Since these have been announced by ChainSwap officials so far, the numbers may change in the future.
#RAI Finance was affected by this attack with around 700,000 RAI. Project officials are considering stopping working with ChainSwap. They will even terminate deals with all but a few popular sites. The size of the damage is about half a million dollars and the token price is 5% loss.
馃敟About 12.3 million #ROOM tokens were stolen from #OptionRoom. #UniSwap and #PancakeSwap have stopped trading for this token. However, the token price dropped 100% due to the hacking event. The size of the loss only in the lost token portion is $ 160,000, but with the last drop, the project took a serious hit.
According to the latest information, it was understood that the attack was made yesterday and announced today. While some projects will compensate their customers for their losses, ChainSwap will undertake a significant part. It is expected that it will take about 2 weeks for the missing to reach their place.
