💵Hack of 400 million tokens $FOGO —what does it mean for DeFi investors #defi ?
🔶Fogo Foundation announces that it was exposed to a security breach in which 400 million tokens $FOGO were transferred to the attackers' wallets.
⚫The team confirmed that they notified exchanges and the relevant authorities, while the chain is still operating normally.
🟤The incident highlights the risks of smart contracts and hidden permissions in smaller DeFi projects #DEFİ .
🟪Review project contract terms before investing, especially admin permissions (owner/mint/pause).
🟩Avoid putting all your coins into a single project, even if the returns seem tempting.
🟨Follow the project’s official channels for any urgent security updates.
💚Security in crypto #crypto is not a luxury—it is the first line of defense for your capital.
🔶Fogo Foundation announces that it was exposed to a security breach in which 400 million tokens $FOGO were transferred to the attackers' wallets.
⚫The team confirmed that they notified exchanges and the relevant authorities, while the chain is still operating normally.
🟤The incident highlights the risks of smart contracts and hidden permissions in smaller DeFi projects #DEFİ .
🟪Review project contract terms before investing, especially admin permissions (owner/mint/pause).
🟩Avoid putting all your coins into a single project, even if the returns seem tempting.
🟨Follow the project’s official channels for any urgent security updates.
💚Security in crypto #crypto is not a luxury—it is the first line of defense for your capital.