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π΅οΈββοΈ Truebit Tumbles After 26M Exploit
Decentralized verification protocol Truebit was exploited yesterday, losing over26 million due to a vulnerability in a 5-year-old smart contract.
π§ βThe vector allowed TRU tokens to be bought at a heavy discount and dumped on the market,β
β Weilin Li, Blockchain Security Researcher
Key Points:
2 attackers involved
One stole 250K, the other took the majority
Truebit team urges users not to interact with the affected contract
π₯ TRU token crashed 99.9
π Slight recovery to 0.03 as of now
#Truebit #TRU #Exploit #SmartContracts #CryptoSecurity #DeFiNews