345
132 shares, 345 points

There was a hacking event in a coin project focused on the non-fungible token (NFT) field. After that, the price of the token dropped from $ 530 to $ 1.41, showing a decrease of close to 99 percent. The NFT coin project was attacked.

NFT coin project hacked

In recent months, Illuvium (ILV) game has become the target of many NFT players due to its well-structured environment and interesting reward mechanism. But the gaming ecosystem also includes other tokens, one of which is Escrowed Illuvium (sILV). On January 4, Illuvium announced that they had found a vulnerability in their staking contracts and therefore eDAO is temporarily suspending the publication of SILV. The Illuvium team later said that the vulnerability was fixed in staking V2 contracts. According to the team, the attack vector was shut down and no resources were compromised. As Kriptokoin.com , we have previously included the possibility of hacking on our site.

But even after taking all protective measures, Escrowed Illuvium was attacked; As a result, the siLV token price dropped from $530 to $1.41. The native token of Illuvium (ILV) also felt the impact of the drop and fell from $900 levels to $800. The hacker did his attack before the Illuvium team updated the network; He was able to pocket 8000 siLV and 452 Ethereum. Illuvium claims that the siLV pool was never an official Illuvium product.

Illuvium also explains that real owners of siLV will issue the necessary refunds once they receive the images of the assets in their wallets. The SILV repository has never been an official repository, but the team also noted that they are investigating the issue and will provide updates as soon as possible.


Like it? Share with your friends!

345
132 shares, 345 points

What's Your Reaction?

hate hate
736
hate
confused confused
245
confused
fail fail
1104
fail
fun fun
981
fun
geeky geeky
858
geeky
love love
490
love
lol lol
613
lol
omg omg
245
omg
win win
1104
win
Michael Lewis

Emperor

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format