8ight Finance, an OHM fork on Harmony who promised to give money to the people affected by the Snowdog DAO rug pull, just got hacked and lost $868k from its treasury


8ight Finance was an OHM fork on Harmony, it had promised to give people affected by the Snowdog DAO rug pull free money.Yesterday they anounced on their discord that their private keys had somehow been compromised. These resulted to the hackers getting access of the contracts and being able to withdraw $868k (in stablecoins) from the treasuries.First transaction: 490,170 DAI https://ift.tt/3dr5Czs transaction: 378,417 DAI https://ift.tt/3EADfL0 transaction: 12,362 USDT https://ift.tt/3lIIKjk don't really know how the keys were compromised. There is a rumor that the keys got leaked because a dev accidentally posted them on github, although I could not verify this by going through the project's github page, so it's probably false. Other people believe it was just a rug.They posted a "recovery plan" today, saying that they'll just make another OHM fork, this time on Avax, and they'll airdrop it to all 8ight holders.8ight's price has currently fallen 75% in the last 24 hours, and it's down 98% from its ATH via /r/CryptoCurrency https://ift.tt/3Ivi1kk

Comments

Popular posts from this blog

Old people have always been afraid of new tech

Are you guys seriously selling because of covid news? That’s ok, the last time you did this I made the most money in my life.