Non-fungible token (NFT) platform SudoRare has allegedly run off with US$815,000 in user funds and deleted its social media accounts, raising alarms over investor protection.
Fast facts
- According to PeckShield Inc.,
a blockchain security and data analytics company, SudoRare took off with
519 $ETH,
then valued at US$815,000, with funds transferred to three new addresses.
- PeckShield said on Twitter that
the “actor” behind the apparent SudoRare rug pull is
a user of the Kraken exchange,
as trails show funds were transferred to the user’s accounts.
- According to data from Etherscan, an Ethereum wallet
0x814 was funded by a Kraken user on Aug. 21. That
wallet then transferred 0.28 ETH to a 0xbb4 account.
- Serious concerns have been raised about the security of
the NFT and decentralized finance (DeFi) space, with hackers reportedly
stealing US$610 million worth of crypto from Axie Infinity’s
Ronin bridge.
- Crypto trading platform ZB.com may
have been hacked to the tune of US$4.8 million, while cross-chain
bridge Nomad
suffered a US$200 million drain.
Source: forkast.news
Tags
Technology