The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace.
Early Wednesday, CertiK issued a community alert regarding Flurry Finance, where its smart contracts were allegedly breached by hackers, leading to $293,000 worth of funds being stolen. Shortly after the incident, CertiK published the wallet addresses of the alleged perpetrator, the address of the malicious token contract, and a PancakeSwap pair address allegedly involved in the attack, leading to a warning issued on BscScan. While the firm audited the project's smart contracts, it appears that the exploit was the result of external dependencies.
#CommunityAlert @FlurryFi’s Vault contracts were attacked leading to around $293K worth of assets being stolen from Vault contractsIncident Analysis
In another instance, on Feb. 20, social media users reported that Avalanche (AVAX)-based project Atom Protocol allegedly turned into a rug-pull hours after launch, with a screenshot from the project's alleged Twitter account (now deleted) stating:
In a report published Tuesday, Assure DeFi, a verification company providing Know Your Customer, or KYC, as well as checks on project developers, lists one French national on file as responsible for Atom Protocol. The firm conducts such checks and then creates publicly viewable compliance content. Through a statement to Cointelegraph, Assure DeFi explained that it's important to understand that knowing someone's name, address, nationality, etc., does not prevent them from committing a crime. But, Assure DeFi reps elaborated:
The report lists $87,440 being stolen via the alleged rug pull and estimates that the number of "injured parties" surpasses
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