Celer Network Has DNS Attack, Estimated Damage $240,000
Celer Network has reported a DNS attack of its cBridge UI. After the investigation platform clarified the incident, the damage was estimated at $240,000.
Celer has received a lot of feedback from the community about an ongoing DNS attack on cBridge’s user interface. While investigating, the platform determined the attack took place between August 17 07:45 PM to 10:00 PM UTC caused some users to be redirected to malicious smart contracts that can drain all approved token amount.
After a preliminary investigation, the project team located the smart contracts used by the attackers. When interacting with these contracts, the user is asked to “approve” a transaction that will transfer all the funds in the wallet.
The community also quickly found out the attacker’s wallet address. It is estimated that this wallet has stolen a total of 128 ETH, equivalent to $240,000. All the money goes to the Tornado Cash mixer to remove traces.
The CELR price has dropped about 6.5% in the last 24 hours, trading around the $0.020 mark.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Celer Network Has DNS Attack, Estimated Damage $240,000
Celer Network has reported a DNS attack of its cBridge UI. After the investigation platform clarified the incident, the damage was estimated at $240,000.
Celer has received a lot of feedback from the community about an ongoing DNS attack on cBridge’s user interface. While investigating, the platform determined the attack took place between August 17 07:45 PM to 10:00 PM UTC caused some users to be redirected to malicious smart contracts that can drain all approved token amount.
After a preliminary investigation, the project team located the smart contracts used by the attackers. When interacting with these contracts, the user is asked to “approve” a transaction that will transfer all the funds in the wallet.
The community also quickly found out the attacker’s wallet address. It is estimated that this wallet has stolen a total of 128 ETH, equivalent to $240,000. All the money goes to the Tornado Cash mixer to remove traces.
The CELR price has dropped about 6.5% in the last 24 hours, trading around the $0.020 mark.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
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