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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Golden Finance reported that according to Cyvers _s monitoring, the Ethereum Layer 2 protocol Loopring announced that their smart contract wallet was only attacked by one guardian. The attack allowed the hacker to impersonate the wallet owner and obtain recovery approval from the official guardian by intruding into Loopring's 2FA service. Then, the attacker transferred the assets from the invaded wallet to an address belonging to the hacker.
All stolen digital assets have been converted to ETH, and the address currently holds 1373 ETH, worth over 5 million dollars.
Golden Finance previously reported that Loopring表四, some smart wallets were attacked by vulnerabilities, and they are working with law enforcement and security teams to track down the attackers.