CryptoPotato - Fortress Protocol Hacked for $3 Million, Drained of All Funds

in #blockchain • 2 years ago

https://cryptopotato.com/fortress-protocol-hacked-for-3-million-drained-of-all-funds/
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Due to the oracle manipulation attack, the Fortress Protocol, an algorithmic money market and lending protocol, was all but defunded.

Additionally, stolen crypto was bridged from the Binance Smart Chain to Ethereum and mixed using the Tornado Cash privacy protocol.

Attackers manipulated and significantly increased the value of collateral (FTS) in order to borrow large amounts of tokens.

Beware of putting money on the blockchain, it can be hacked at any time!!

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#horror #hack #fortress #protocol #fts #tornado #cash
2 years ago in #blockchain by
$0.30
  • Past Payouts $0.30, 0.00 TRX
  • - Author $0.15, 0.00 TRX
  • - Curators $0.15, 0.00 TRX
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