The Badger DAO protocol has suffered a vulnerability in the user interface

​The hackers stole $120 million in cryptocurrency

03.12.2021 - 12:55

257

2 min

What’s new? The representatives of the Badger DAO DeFi protocol said on Twitter that the platform has been hit by hacking attacks. The attackers stole a total of $120 million worth of cryptocurrency from the users' wallets.

How did the hackers gain access to the wallets? The Badger team members reported that the problem stemmed from a malicious script that the hackers inserted into the website's user interface. The script intercepted the users’ transactions and redirected them to the attackers' addresses. The malicious code appeared as early as November 10, with hackers periodically disabling it to avoid detection.

What are the implications for the Badger? PeckShield, a data analytics and blockchain security company, estimated that the total amount of the tokens stolen was around 2100 BTC and 151 ETH.

The Badger DAO BADGER token fell by more than 20% in 24 hours following the hacker attack.

Author:

Vasiliy Smirnov Vasiliy Smirnov

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