Public chain project suffers an attack with a loss of 17 million dollars, some of the stolen funds have already been transferred.

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Recently, the Blockchain security monitoring platform detected a major security incident. On the evening of November 13, a project on a certain public chain was attacked, resulting in a loss of approximately $17 million.

It is reported that the incident occurred at 15:29:55 (Universal Time) on that day. The attackers successfully extracted a large amount of funds from the project through a series of complex on-chain operations.

Currently, a portion of the stolen funds has been transferred using anonymization tools in an attempt to conceal the flow of funds. Another portion of the funds is stored in two specific addresses, which are currently under close surveillance.

Security analysts have identified the attacker's address and traced it to the transaction hashes related to this incident. This information will play a crucial role in subsequent investigations and potential asset recovery.

It is worth noting that the latest on-chain data indicates that the attackers seem to have started attempting to communicate with the project team. This trend has sparked speculation in the industry regarding the possibility of negotiations or the return of some funds.

Such security incidents again highlight the challenges faced in the decentralized finance sector. It reminds project teams to pay more attention to security audits and risk management, while also warning investors to remain vigilant and fully assess potential risks when participating in related projects.

As the investigation deepens, the industry expects to learn more about the technical details of this attack to help other projects enhance their security and prevent similar incidents from happening again.

A security incident occurred in the FLARE project on the BSC blockchain, resulting in a loss of nearly 17 million USD

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DuckFluffvip
· 07-13 01:04
See you again, crypto world thief.
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RadioShackKnightvip
· 07-13 01:04
Another day being Be Played for Suckers.
View OriginalReply0
MoneyBurnerSocietyvip
· 07-13 00:59
If you lose one less order in your daily routine, your sucker arbitrage master has not gone offline.
View OriginalReply0
GasWastingMaximalistvip
· 07-13 00:59
Another project has failed, suffering in decentralization.
View OriginalReply0
WenMoonvip
· 07-13 00:41
Rug Pull again, slipped away really fast.
View OriginalReply0
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