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Today, on Feb 29, Shido blockchain’s Ethereum staking contract has been exploited for ~💰$35m worth 4,353,473,223.864904 $SHIDO. This number of SHIDO tokens drained out by the exploiter happens to be around half of the current circulating token supply of the token, which is 9… https://t.co/8b9uF9z2Fy
⚠️ #Shido's token plunges 94% in 30 mins after an exploit on its #Ethereum staking contract. Over 4.3 billion tokens withdrawn by attacker, nearly half the circulating supply. $SHIDO https://t.co/Ihrl3KgfNt
Shido’s token dropped 94% after an exploiter drained funds from a staking contract. https://t.co/PpWMYJJAAr
On Feb 29, Shido's token experienced a significant drop, plunging 94% after an exploiter managed to drain funds from a newly upgraded Ethereum staking contract. The attack resulted in the withdrawal of over 4.3 billion $SHIDO tokens, nearly half of the circulating supply, amounting to approximately $35 million. This incident has raised concerns within the cryptocurrency community regarding the security of staking contracts and the broader implications for digital asset safety.
