Cryptocurrency news

Onyx Protocol Victim of $2 Million Exploit: Reports

According to blockchain analytic company PeckShield, the decentralized finance (DeFi) project Onyx protocol has lost nearly $2 million worth of Ethereum (ETH) to exploiters.

PeckShield has informed the community members about an exploit worth $2.1 million. Furthermore, the wallet address of the Onyx protocol exploiter has a balance of 1,164 ETH (approx $2.1 million).

Wallet of Onyx Protocol exploiter. Source: Etherscan

The Onyx protocol is yet to comment on the incident. Nonetheless, more details about the exploit are not available yet.

This is a developing story.

Do you have anything to say about this article anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

Frame-2264-1.png
Harsh started investing in crypto during the 2021 bull market. He took the opportunity of the market crash in May to learn more about Bitcoin and blockchain technology. Since then, he has helped metaverse projects build an engaging community and educate them on Web3.
He has also helped Web3 creators write educational blogs around crypto.


READ FULL BIO

Sponsored

Sponsored

This post was originally published on this site

Leave a Reply