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Coinpedia 2024-06-10 09:24:33

Loopring Hack Exposes Vulnerability in “Most Secure Wallet,” Drains $5 Million

Loopring Hack Exposes Vulnerability in “Most Secure Wallet,” Drains $5 Million

The post Loopring Hack Exposes Vulnerability in “Most Secure Wallet,” Drains $5 Million appeared first on Coinpedia Fintech News Loopring, a decentralized finance (DeFi) protocol on Ethereum, has been hacked, resulting in a $5 million loss. The attack targeted Loopring’s ‘Guardian’ two-factor authentication (2FA) service, designed to enhance the security of its smart wallet, known as “Ethereum’s most secure wallet.” 🚨Incident Alert: Loopring Smart Wallets Compromised🚨A few hours ago, some Loopring Smart Wallets were …

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