Truflation, a blockchain service that provides real-time economic and inflation data, has been hacked and lost $5.23 million in crypto assets.

By data According to independent blockchain detective ZachXBT, approximately $3.89 million in TRUF crypto assets, $1.07 million in ETH, and $236,000 in DAI stablecoins were stolen from the Truflation team’s multi-signature and personal wallets on Ethereum. The Truflation team confirmed the anomalous activity—the attacker used malware.

Truflation management assured that customer funds were not compromised and that staked crypto assets were not affected. However, staking is currently unavailable and liquidity on decentralized exchanges (DEX) is limited.

Truflation security specialists are monitoring the situation and taking measures to protect funds, as well as cooperating with law enforcement agencies to investigate the incident. In addition, the Truflation team is actively working with industry partners and trying to contact the hacker to return the stolen cryptocurrencies.

Following Truflation’s tweet, the TRUF crypto asset fell by 15.6% in 90 minutes to $0.068, and then partially recovered to $0.075. TRUF’s market cap is now $7.14 million.

Truflation is backed by Coinbase Ventures and blockchain oracle provider Chainlink. The platform launched in December 2021, and ten months after its launch, Truflation opened a marketplace for tracking data across multiple commodity indices: sugar, cocoa, coffee, cattle, oil, and wheat.

In July, the decentralized finance protocol Dough Finance suffered major losses from a hacker attack. Using a flash loan attack, hackers stole crypto assets worth $1.8 million.