1 year ago
Solana-based decentralized speech Cypher mislaid $400,000 successful crypto Monday owed to an exploit oregon information incident.
The protocol’s contracts are present frozen arsenic contributors effort to marque interaction with hackers to negociate a instrumentality of funds.
Cypher is 1 of the fastest-growing protocols connected the solana blockchain successful portion due to the fact that of its loyalty program, which rewards depositors and traders with points that galore users expect is the setup for an airdrop.
The exploit comes during Cypher’s biannual hacker location mtnDAO which it hosts successful Salt Lake City alongside chap Solana trading protocol marginfi. In it’s discord channel, marginfi said it was not impacted by the hack.
Edited by Stephen Alpher.
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