Due to hacking of the BadgerDAO protocol, the user has lost almost $ 52,000,000

Hackers hacked the BadgerDAO decentralized finance protocol and stole over $ 120 million worth of cryptocurrency.

What is known

The attackers managed to hack the site's user interface. BadgerDAO has already officially confirmed the information about the hacking and announced the temporary suspension of any smart contracts. Now $ 1.2 billion is blocked in the project. The authorities of Canada and the United States are taking part in the investigation.

Hackers attacked the project on the night of December 2, 2021. At the same time, a few hours before that, users began to give permission for operations to withdraw funds to a third-party address, assuming that they were interacting with BadgerDAO.

In total, 2078 Bitcoin, 151 Ethereum and a number of other cryptocurrencies were stolen by hackers. The total damage was $ 120 million. The investor suffered the most, having lost almost $ 52 million. 906 Bitcoin were stolen from his account. After the hacker attack became known, the BADGER cryptocurrency fell by 20%. Now she costs about $ 20.

A source: @peckshield