🚀 TapiocaDAO Suspected Attack Causes 97% Drop In Token Value
#TapiocaDAO #TokenValue #CryptoNews #MarketAttack #Blockchain #Cryptocurrency #TAP #PriceDrop
According to BlockBeats, on October 18, the all-chain currency market protocol TapiocaDAO was reportedly attacked. As a result, the value of TAP (Tapioca DAO Token) plummeted by 97% in a short period, currently trading at $0.04.#TapiocaDAO #TokenValue #CryptoNews #MarketAttack #Blockchain #Cryptocurrency #TAP #PriceDrop
🚀 TapiocaDAO Hack Linked To Malicious Software Download
#TapiocaDAO #hack #malicioussoftware #ZachXBT #cybersecurity #cryptocurrency #scam #Arbitrum #BSC
According to Odaily, ZachXBT has reported on his personal channel that the TapiocaDAO hack may have been caused by a team member downloading malicious software. This incident is also connected to other recent hacks, including those affecting Nexera, Concentric, Masa, SpaceCatch, Reach, Serenity Shield, and MurAll. These attacks were reportedly triggered by a fake job scam. It is estimated that approximately $4 million worth of stolen funds have been transferred from Arbitrum to BSC.#TapiocaDAO #hack #malicioussoftware #ZachXBT #cybersecurity #cryptocurrency #scam #Arbitrum #BSC
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🚀 Tapioca DAO Faces Security Breach, Tokens Stolen and Converted to ETH
#TapiocaDAO #SecurityBreach #TokensStolen #ETH #CryptoSecurity #Blockchain #CyberAlerts #TAPtokens #BNBChain #CrossChainBridge #USDC
According to PANews, Tapioca DAO has reportedly experienced a security breach. Monitoring by Cyvers Alerts indicates that the deployment address of Tapioca DAO may have been compromised, and the ownership of the associated lock-up contract has been altered. The new address utilized an 'emergency rescue' function to extract over 21 million TAP tokens, subsequently converting them into 591 ETH. This incident led to a dramatic 93% drop in the value of TAP tokens. The suspicious address then transferred the funds via the Stargate cross-chain bridge to the BNB Chain, where it currently holds approximately $4.7 million in BSC-USD and USDC.#TapiocaDAO #SecurityBreach #TokensStolen #ETH #CryptoSecurity #Blockchain #CyberAlerts #TAPtokens #BNBChain #CrossChainBridge #USDC