Hackers hacked Dego Finance and took tokens from liquidity pools

Representatives of Dego Finance warned the partners of the site about a hacker attack on the DeFi protocol, but they assure that now the users’ assets are safe.

Dego Finance platform specialized in cross-chain interoperability and NFT, reported on Twitter that was cyberattacked on February 10th:

“We learned that our address providing liquidity on UniSwap and PancakeSwap was hacked, so the liquidity of the DEGO pairs provided by our team was depleted. We have already contacted exchanges Binance, Kucoin.com, Gate.io. They closed the deposit on DEGO.”

A little later, representatives of Dego Finance reported that they had also warned other partner projects: Poloniex LBank Exchange, MEXC Globa, Tokocrypto, WazirXIndi, BitMartExchange, Mdexswap, Coindc, Pionex com, Hoo exchange, ABCCExOfficial Mandalaex, BigONEexchange, CoinTigerEX, BithumbGlobal.

The platform team claims that the user funds are in order, and the attacker (or attackers) will no longer be able to steal them:

“We will talk to reputable security teams about how to identify the hacker and redress the damage. We ask the hacker to get in touch with us and discuss the incident.”

Dego Finance has not yet specified the amount of the loss it has suffered, and has not reported whether it has contacted law enforcement agencies.

This week, hackers have shown a wide variety of cyberattacks on
crypto projects. Blockchain security company SlowMist has confirmed the fact of a hacker attack on the AToken multi-currency wallet. The AToken account encouraged users to transfer their funds to other wallets. Previously, a cybercriminal exploited the Meter Passport bridge and stole $4.4 million in crypto, causing Hundred Finance to lose $3.3 million due to under-collateralized loans. Earlier this week, the group behind the LockBit ransomware gained access to a confidential
information of customers and employees of the PayBito exchange.


Source: Bits

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