“Blockchain Security Firm Certik Says the Lender’s Website and X Account Have Been Offline Since Aug. 4, After An Attack Drained Millions.”, – WRITE: www.coindesk.com
The Sudden Disappeance Has Sparked Fears of An Exit Scam, WHICH IS WHEN Developers ABandon A Project and Investor Funds Without Warning.
The $ 4.5 Million Loss have been tied to a compromised admin Wallet and abuse of bridge roles, which allowed an attacker to mint unbacked tokens and Drain Liquidity Pools.
The Exploiter Moved Funds from Sonic to Ethereum, Parking Them Across A Handyphul of Addresses. In the hours after the attacck, credix promisened to reimburse USers with 24-48 Hours and Directed withdrawals Through Contracts, But The Front End Never Returned And Plan.
The Exploit and Perceived Exit Scam Marks Another Tough Day for Crypto Investors in 2025, with The Total Amount Lost to Hacks and Scams Totling $ 2.5 Billion in the FIRST HALF.
X Icon
The Position Marks One of the Largest Known Bitcoin Allocations by a US University Endowment.
- Harvard Discond $ 116 Million in Blackrock’s ishares Bitcoin Trust (IBIT) As of June 30.
- The Holding Appears in the University’s Quarterly 13-F filing with the Sec.
- The Move Signals Growing Institutional Adoption of Spot Bitcoin Etfs by Traditional Investors.
Read Full Story