Bitget App
Trade smarter
The hacker who attacked Balancer transferred frozen assets worth about $3 million through Permit authorization.
Show original
According to Jinse Finance, GoPlus monitoring reported that the hacker who attacked Balancer successfully used the permit() authorization mechanism to transfer 195 stS tokens (worth about $3 million) from the SonicLabs frozen address 0xf19…fae2 to a new address 0x0e9c…44D5, and then exchanged them for WBTC and ETH. This maneuver bypassed the asset freezing measures on the original address.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
