On Friday, November 5, the developers of the bZx DeFi platform acknowledged the loss of funds as a result of hacking.
According to them, the private key of the project deployment management on Polygon and Binance Smart Chain was compromised.
Under the post, the audit company SlowMist indicated that at the moment the damage amounted to $ 55 million. The funds are located at seven addresses allegedly controlled by the hacker.
Over the past day, the platform’s native token has fallen by 12%, according to CoinGecko.
The BZRX/USDT chart of the Binance exchange.
In February 2020, the attacker withdrew 1,193 ETH, or about 2% of the total assets, while the bZx team participated in the ETHDenver hackathon.
Two days later, unknown assailants attacked the platform again. The damage was estimated at 2388 ETH.
In September, the hacker withdrew about $8 million. Later, the developers announced that they had returned all the stolen funds.
Recall that in October 2021, the Cream Finance DeFi protocol was once again hacked – the damage from the attack amounted to $ 130 million.