bZx Hack
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bZx Hack
| Discovered On | 2021-11-05 |
| Stolen Amount | $55M |
| Affected Chains |   |
| Read More | rekt.news, www.coindesk.com, www.businessinsider.com |
Description
Over $55M was stolen from users of DeFi platform bXz. Hackers gained access to the private keys of an admin account and deployed a malicious update to bZx' smart contracts. This new code allowed them to drain bZx' contracts and all approved user funds. This was the final nail in the coffin for bZx, which was exploited multiple times before.