Unknown hackled the NEMO Protocol decentralized platform created on the SUI blockchain and stole $ 2.4 million, Peckshichield specialized in blockchains.
The attack occurred a few days before the maintenance of the platform, which was planned at the beginning of this week. The NEMO Protocol team said the incident has influenced its market pool, so the work of smart contracts was temporarily suspended. Platform security experts said that they were investigating what happened and promised to publish additional information.
Nemo Protocol assured that all user assets in the vault were not injured. However, many community members complained about Discord, which the protocol does not display their assets.
The NEMO platform positions itself as a service for obtaining yields based on SUI. About the founder and general director of the project, Alex Yenge, a little is known – on the Internet he appeared only in the sessions of answers to questions (AMA). There is no detailed information about the project team on the NEMO website, and the link to the page with contact information does not work. The company’s profile in Linkedin indicates that Jenge works remotely from the Chinese Shanghai – while the China is prohibited by the China.
In August, the largest crypto -rope of Turkey BTCTURK was subjected to a hacker attack – the attackers were able to withdraw $ 48 million from it. Hackers hastened to convert the abducted funds on the air. Last year, the Radiant Capital credit protocol suffered from the hackers attack, which lost $ 4.5 million during a hack.
Be in the know! Subscribe to Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
