Ethereum Liquidity Provider XCarnival Recovers 50% Of Stolen ETH Through Negotiations
Ethereum ecosystem liquidity provider XCarnical has recovered 1,467 Ether (ETH) just a day after suffering an attack that cost them 3,087 ETH, worth about $3.8 million on their platform. The hack was first noticed by Pec...
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Ethereum ecosystem liquidity provider XCarnical has recovered 1,467 Ether (ETH) just a day after suffering an attack that cost them 3,087 ETH, worth about $3.8 million on their platform. The hack was first noticed by Peckshield, a blockchain investigator, as it came across a stream of transactions that eventually led to 3,087 ETH being stolen from the protocol.
The blockchain investigative firm stated, “The hack is made possible by allowing a withdrawn pledged NFT to be still used as the collateral, which the hacker then exploits to drain assets from the pool.”
Immediately after ...
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