A certain DEX was exposed for a major vulnerability in its liquidity AMM, resulting in approximately 7 million USD in BTC being stolen.

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[Chain News] On August 13, a certain DEX co-founder released a statement saying that a significant vulnerability was discovered in their latest liquidity AMM (Automated Market Maker) update, which allowed some malicious users (mainly associated with criminal gangs within China) to exploit the vulnerability and steal a large amount of BTC from the platform. The team is still assessing the specific amount of losses; the company's funds are insufficient to fully cover the losses, but the remaining funds on the platform are safe. The statement also mentioned that a top security auditing team has been hired for a comprehensive code audit and that they are cooperating with law enforcement agencies in China and the United States to trace the related criminal gangs.

This morning, it was reported that, according to a blockchain security company: community members claim that the platform was hacked for 58.2 BTC, worth approximately 7 million USD.

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SpeakWithHatOnvip
· 20h ago
Haha, something happened again. Is it the hacker group we discussed last month?
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GovernancePretendervip
· 22h ago
Daily Thunderstorm Nonsense
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GateUser-c799715cvip
· 08-15 18:27
It's another case of white coming in and black going out.
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ForeverBuyingDipsvip
· 08-14 02:37
To be honest, testing is just testing. Why go on the Mainnet?
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GamefiEscapeArtistvip
· 08-13 05:51
play people for suckers a wave and then run, it's a classic trap~
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screenshot_gainsvip
· 08-13 05:45
Once again, smart contracts are being Clip Coupons.
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SerumSquirtervip
· 08-13 05:39
Again, I don't understand the code and just put it on the chain.
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SchrodingerProfitvip
· 08-13 05:36
Here comes another problem, suckers, don't be so miserable.
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