Bent Finance confirms the use of the fund pool and recommends investors to withdraw funds


Staking and agricultural platform Bent Finance joined the list, becoming the sixth encryption institution to be hacked in December. After acknowledging the attack, investors were required to withdraw their pooled funds and ban reward claims on the infected platform.

Bend financial first Achieved Exploit at around 8:55 p.m. EDT on Monday Report There is no financial loss. However, when blockchain investigator PeckShield allegedly found the source of the hacked transaction, the community suspected it was a pull incident.

“Yes, we have seen the same situation and are working hard to solve this problem,” said Bent Finance. The team appointed two independent white hat developers to better understand what is happening. The company subsequently confirmed:

Bent Finance continues to advise its pool investors to withdraw funds until each update resolves the vulnerability.However, the company has comfirmed Recover all stolen funds from the Bent curve pool:

“We recommend that you withdraw from the agreement until further notice. We will not go anywhere and will recover from this situation in one way or another.”

According to Joe McGill, a cryptographic fraud investigator and former member of the TRM Labs US Secret Service, the attacker managed to steal approximately 440 Ethereum (Ethereum), valued at more than $1.6 million at the time of writing.

McGill’s investigation hint The attack has been ongoing since December 12, which contradicts Bent Finance’s statement Find It is suspected that the attacker has existed in the network since December 1.

In December alone, there were five crypto companies-including Severe finance, Bit market and Shengteng EX — A successful hacking attack directly resulted in a cumulative loss of more than 600 million U.S. dollars. However, further investigations are ongoing to determine the damage caused by the Bent Finance exploit.

Bent Finance has not yet responded to Cointelegraph’s request for comment.

related: Indian Prime Minister Modi was hacked by Twitter account to try to carry out Bitcoin scam

Parallel to the ongoing attacks on the crypto business, December also witnessed the temporary compromise of Modi’s Twitter account, which was used to spread related Bitcoin (Bitcoin) Mainstream adoption in India.

As Cointelegraph reported, hackers from unknown sources took control of the Prime Minister’s account on December 12, with more than 73.4 million followers. In addition to announcing the gift of 500 BTC to Indian citizens, he also declared BTC as legal tender.