Multiple Cryptocurrency Platforms Suffer Hacks and Breaches, Resulting in Millions in Losses
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.
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BSCN Headlines
BREAKING: SENECA #STABLECOIN HACKER RETURNS OVER $5M IN $ETH OUT OF $6.4M EXPLOITED AFTER 20% BOUNTY ANNOUNCEMENT
ImmuneBytes 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
- ImmuneBytes
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
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