TRUFLATION HACKED, LOSSES ESTIMATED TO BE $5M👨‍💻👨‍💻

in LeoFinance4 months ago

Truflation: A blockchain-based inflation data platform, backed by Coinbase, confirmed that it suffered a malware attack with losses estimating around $5.2 million.

On September 25, they posted on X saying, "The Truflation team detected some abnormal activity. An attacker launched an attack using malware."

The project is trying to contact hackers, is open to negotiations, and is open to reward white hat offering assistance.

**The above photo shows ZachXBT’s assessment of Truflation’s security incident.**

Truflation lost around $5.23 million from its multiseg and personal wallets on ETH, while around $100,000 was lost on seven other chains, according to blockchain sleuth ZachXBT. Approximately $3.89 million in Truflation, $1.07 million in Ether, and $236,000 in Dai stablecoin were stolen from teams Ethereum wallet.
Truflation’s team said that no customer funds were compromised. Its staking funds weren’t affected either.

# EFFECT OF HACK ON TRUF TOKEN📉
The TRUF token fell around **15.6% to $0.068** within 90 minutes of after Truflation’s X post before partially recovering to **$0.073**. CoinGecko data shows. Its market cap is currently sitting at **$12.8 million**.

Posted Using InLeo Alpha

Sort:  

Discord Server.This post has been manually curated by @bhattg from Indiaunited community. Join us on our

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

Congratulations @finfarm! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/https://hivebuzz.me/@finfarm/upvoted.png?202409271705" /><td>You received more than 3000 upvotes.<br />Your next target is to reach 3250 upvotes. <p dir="auto"><sub><em>You can view your badges on <a href="https://hivebuzz.me/@finfarm" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">your board and compare yourself to others in the <a href="https://hivebuzz.me/ranking" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ranking<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP <p dir="auto"><strong>Check out our last posts: <table><tr><td><a href="/hive-122221/@hivebuzz/pud-202410"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg" /><td><a href="/hive-122221/@hivebuzz/pud-202410">Hive Power Up Day - October 1st 2024