The bEarn Fi internet pharming protocol on Binance Smart Chain came under attack over the weekend. Attackers withdrew $ 11 million worth of crypto assets from the protocol.
Another DeFi protocol based on the Binance Smart Chain has been attacked. On Sunday afternoon, the developers of the bEarn Fi pharming gateway reported that the application had been malfunctioning. On bEarn Fi’s official Twitter account it says:
“Dear community, we know that BUSD user deposits have increased significantly. Please be advised that we are currently investigating the incident with the Alpaca Vault. No other bVaults were harmed, but we took precautions and temporarily suspended withdrawals and deposits for all bVaults. ”
A spokesman for the analyst firm PeckShield said analysts are still investigating the cause of the attack, but it is already known that the incident led to the loss of bEarn Fi cryptoassets by about $ 11 million.
In the Telegram bEarn Fi group, users have been asking bEarn Fi team members questions since Sunday morning about what happened to the Binance USD (BUSD) storage on bEarn Fi. “Got a problem with the BUSD storage?” One of the users asked. “It grows so much that it is impossible.”
“We’re working on it,” wrote one of the bEarn Fi team members in response to numerous user inquiries about whether their funds are safe.
As a reminder, at the end of April, the DeFi project Uranium Finance powered by Binance Smart Chain was hacked during the migration. Hackers were able to steal various tokens worth $ 50 million. In addition, last week cryptocurrency analyst Crypto Pwnage reported that tokens worth more than $ 1.8 million were withdrawn from one of PancakeSwap’s pools.
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