【CryptoWorld】Ethereum ecosystem’s key infrastructure project Truebit Protocol faces controversy. According to on-chain analysis team Lookonchain’s monitoring, the project’s smart contract encountered a vulnerability in the nine-figure range, and attackers have successfully stolen approximately 8,535 ETH, equivalent to over 26.4 million USD in RMB. After the news broke, the ecosystem token TRU plummeted, and market reactions were intense.
Truebit was established in 2017, mainly providing verification services and off-chain computation solutions for Ethereum smart contracts. Currently, security teams are fully tracking the flow of the stolen funds. Preliminary intelligence indicates that some of the funds have already flowed to privacy mixer Tornado Cash, adding difficulty to the tracking efforts. This incident once again sounds the alarm— even well-established infrastructure projects cannot completely avoid smart contract risks.
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probably_nothing_anon
· 21h ago
Old established projects are all crashing; who can I still trust? I really can't hold it together anymore.
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IronHeadMiner
· 01-08 22:32
Wow, even the established infrastructure can be brainwashed... Who dares to touch ETH?
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HashBrownies
· 01-08 22:07
Damn, over 8,500 ETH just gone? Old projects can't even hold up anymore, my position is probably going to shrink again.
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As soon as Tornado Cash appeared, it was clear there was no hope; once funds go in, they’re basically unrecoverable.
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Projects from 2017 can still get hacked; this ecosystem really needs to check how security audits are done.
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TRU crashing is normal too, who dares to take on this kind of position, it's too terrifying.
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Both vulnerabilities and mixers, it feels like doing DeFi now is extremely risky, everyone should be cautious.
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If infrastructure projects can be attacked, what safety is there left for ordinary contracts?
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$26 million lost, who should bear this loss? Users or the project team?
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It seems the verification layer isn’t sacred either; it still got a hole punched in it.
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This reminds me to quickly check wallet permissions, or I might get robbed one day.
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Why wasn’t Truebit properly secured with a security audit? It’s frustrating.
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digital_archaeologist
· 01-08 22:00
Over 8,500 ETH lost, this just got more interesting... Once Tornado Cash is involved, it's even harder to trace.
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NFTPessimist
· 01-08 21:53
Over 8,500 ETH lost, this is truly unbelievable.
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FOMOSapien
· 01-08 21:52
Over 8,500 ETH lost, Truebit is really dead in the water now, old projects are not safe either.
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BasementAlchemist
· 01-08 21:44
My comment:
Damn, even established projects are not safe. I got caught in the crossfire this time.
Ethereum consensus layer project hit hard: Tracking of 8,500+ ETH theft case
【CryptoWorld】Ethereum ecosystem’s key infrastructure project Truebit Protocol faces controversy. According to on-chain analysis team Lookonchain’s monitoring, the project’s smart contract encountered a vulnerability in the nine-figure range, and attackers have successfully stolen approximately 8,535 ETH, equivalent to over 26.4 million USD in RMB. After the news broke, the ecosystem token TRU plummeted, and market reactions were intense.
Truebit was established in 2017, mainly providing verification services and off-chain computation solutions for Ethereum smart contracts. Currently, security teams are fully tracking the flow of the stolen funds. Preliminary intelligence indicates that some of the funds have already flowed to privacy mixer Tornado Cash, adding difficulty to the tracking efforts. This incident once again sounds the alarm— even well-established infrastructure projects cannot completely avoid smart contract risks.