According to Foresight News, BitStable, a decentralized asset protocol for Bitcoin, experienced security issues during its public sale on Bounce Finance. The incident led to an unauthorized party gaining access to a significant portion of the available supply. The uneven distribution was caused by a combination of a DDoS attack and multiple wallets interacting directly with the contract.
To readjust the distribution of BSSB tokens and follow the DAII strategic roadmap, BitStable decided to destroy 75% of the BSSB tokens involved in the fixed swap auction. The remaining 25% can still be claimed.
