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Cyvers: Malicious Transactions on Socket Contract Result in $3.3 Million Loss

Cyvers: Malicious Transactions on Socket Contract Result in $3.3 Million Loss

2024/01/16 20:47

Cyver monitoring data reveals that its AI system detected malicious transactions on the interoperability protocol Socket Gateway contract, affecting 230 users with a total loss of $3.3 million. The affected tokens include USDC, USDT, WBTC, DAI, and WETH, with the attacker converting USDC and USDT tokens into Ethereum.

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