South Korean DeFi project KLAYswap was hacked and lost about 2.2 billion won

On February 4, South Korean DeFi project KLAYswap announced that it was hacked and lost about 2.2 billion won, or about $1.83 million.

The announcement stated that the hacker tampered with the third-party js link on the front-end of KLAYswap, causing the user to be poisoned when visiting the KLAYswap page, and then authorizing the assets to the hacker’s wallet address, which eventually led to the theft of the relevant assets. During the period, a total of 325 wallets had 407 abnormal transactions. The project party is currently negotiating with relevant companies for follow-up countermeasures and compensation plans.

Read more about

Disclaimer

LockMeta endeavors to provide accurate and current information. However, due to the evolving nature of the crypto space and reliance on external sources, we cannot guarantee its complete accuracy. We advise users to conduct their own research and consult professionals before making decisions. LockMeta assumes no liability for actions based on our content.

Advertisement

More from this stream

Recomended

EU Considers WTO Legal Action Against U.S. Over Steel and Aluminum Trade Dispute

The EU might restart a lawsuit against the USA at the World Trade Organization (WTO) because of a metal trade fight left from when Trump was president.

U.S. Economy Faces Mixed Outlook as Stock Market Braces for 2024 Shifts

Michael Hartnett, a strategist at Bank of America, recently said that the continued rebound in U.S. Treasury prices suggests a slowdown in economic growth.

Norwegian Sovereign Wealth Fund Challenges Tesla on Labor Rights

Tesla and a group of Swedish auto mechanics are in a growing dispute.

U.S. Consumer Inflation Expectations Drop, Boosting Stock Market

The University of Michigan in America shared some fresh numbers. They tell us folks think prices won't rise as much as they thought before. This is making the stock market in America get better.