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Ethereum World News 2022-06-07 19:14:20

Hackers Allegedly Stole $1.65m Worth of Elrond, Dumped it, Causing a 92% Drop in EGLD’s Price on the Maiar DEX

Hackers Allegedly Stole $1.65m Worth of Elrond, Dumped it, Causing a 92% Drop in EGLD’s Price on the Maiar DEX

Key takeaways: There was an alleged security breach in Elrond whereby hackers stole $1.65 million in EGLD. The hackers then dumped the Elrond (EGLD) on the Maiar DEX, resulting in a 92% drop in the digital asset on the decentralized exchange. The price of Elrond (EGLD) was not affected on centralized exchanges. Hackers have allegedly stolen $1.65 million worth of ELGD through a security breach on the Elrond Network. According to the team at WuBlockchain, the attackers obtained the funds […]

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