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24.12 - 13:23
BadgerDAO reveals cause behind exploit, details recovery plan
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In one of the costliest heists that the cryptocurrency industry has ever seen, a phishing attack had cost the BadgerDAO tokens worth millions of dollars earlier this week. The protocol has now released a detailed analysis of the unauthorized transactions that had resulted in this huge loss of funds.
In a ‘Technical Post Mortem’ published by the protocol’s team in partnership with the cybersecurity firm Mandiant, it was highlighted that the phishing incident that occurred on December 2 was the result of a “maliciously injected snippet provided by Cloudflare Workers.”
Cloudflare is an interface that allows users to run scripts that “operate on and alter web traffic as it flows through Cloudflare proxies.”
The report further added that the
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