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BREAKING: SENECA #STABLECOIN HACKER RETURNS OVER $5M IN $ETH OUT OF $6.4M EXPLOITED AFTER 20% BOUNTY ANNOUNCEMENT
In the latest crypto hack, on Feb 28, the defi protocol @SenecaUSD has been exploited for ~1,900 $ETH worth ~💰$6.5M. The Attacker was funded by @FixedFloat. Exploited Address: https://t.co/cZ56qO5vdx Hack Txns: https://t.co/A6C4VRiWhH https://t.co/lQHEmuIb1M… https://t.co/Q4WcrHvA0i
In the latest crypto hack, on Feb 28, the defi protocol @SenecaUSD has been exploited for ~1,900 $ETH worth ~💰$6.5M. The Attacker was funded by @FixedFloat. Exploited Contract: https://t.co/cZ56qO5vdx Hack Txns: https://t.co/A6C4VRiWhH https://t.co/lQHEmuIb1M… https://t.co/NvPlI4S2gP
In February 2024, multiple cryptocurrency platforms including FixedFloat and Serenity Shield were hacked, resulting in significant losses. FixedFloat lost $26.1 million in Bitcoin and Ether, while Serenity Shield had 6.9 million SERSH tokens worth $5.7 million stolen. Additionally, Seneca Protocol and Shido suffered breaches, with Seneca losing $3 million and Shido experiencing a 90% drop in token value. The hacks raised concerns about security practices in DeFi and Ethereum's token approval mechanism.
