Created a few hours before the Connext Network airdrop received a significant amount of NEXT tokens through more than 200 applications. The unknown owner immediately sold coins totaling over $39,000.
The distribution of tokens was limited to one transaction per address. The attacker allegedly took advantage of the API vulnerability and carried out the so-called Sibylla’s attackConnext co-founder Arjun Bhuptani admitted.
Data: X.
The wallet sent out a large number of requests, which led to problems with branding of tokens by users.
The project team acknowledged the difficulties encountered.
“We have detected bot activity that is overloading the server of our partner and service provider Tokensoft. He is actively working on a solution to this problem in order to ensure the normal submission of applications, ”wrote the developers.
Data: X.
According to them, “a lot of misinformation” about the incident is being circulated on social media. They recommended that users wait for official announcements from the project.
According to Debank, an unknown person converted NEXT into USDT and Ethereum stablecoin for sale on decentralized exchanges.
Recall that the Connext team announced the airdrop of the native token in mid-August. The project launched NEXT in April 2022 and announced the creation of the DAO at the same time.
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2023-09-05 16:48:34
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