BNN - A sophisticated hack on the Shido blockchain stole nearly half its tokens, causing a massive price drop and raising concerns about security in the digital asset space

in blockchain •  11 months ago 

https://bnnbreaking.com/tech/shido-blockchain-hacked-35-million-vanished-token-value-tanks-94-in-shocking-security-breach
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On February 29th, hackers stole nearly half of Shido blockchain's tokens, causing a 94% price plunge.

The attack involved taking control of a staking contract and adding a hidden withdrawal function.

This incident highlights vulnerabilities in blockchain technology and the need for stronger security measures.

Beware of Blockchain hacks!!

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blockchain horror hack shido tokens massive price drop
11 months ago by

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      ·  11 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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