#عاجل_الآن
Summary of the Security News
The Payy stablecoin payment network was the target of a hacking incident, along with suspicions of theft of funds amounting to 1.8 million US dollars, according to reports from the Jinse Finance platform based on monitoring by the security investigation firm Specter Investigation.
Attack details:
* Amount stolen: about 1.8 million dollars in the USDC stablecoin.
* Execution method:
* The attacker began by securing initial funds to carry out the attack via the Railgun privacy protocol.
* He converted the stolen USDC into Ethereum (ETH).
* He distributed the final funds across three different addresses to disperse the trace.
> 💡 Security note: These incidents once again highlight the importance of exercising extreme caution and using advanced security measures in decentralized finance (DeFi) projects and privacy protocols.
>
Summary of the Security News
The Payy stablecoin payment network was the target of a hacking incident, along with suspicions of theft of funds amounting to 1.8 million US dollars, according to reports from the Jinse Finance platform based on monitoring by the security investigation firm Specter Investigation.
Attack details:
* Amount stolen: about 1.8 million dollars in the USDC stablecoin.
* Execution method:
* The attacker began by securing initial funds to carry out the attack via the Railgun privacy protocol.
* He converted the stolen USDC into Ethereum (ETH).
* He distributed the final funds across three different addresses to disperse the trace.
> 💡 Security note: These incidents once again highlight the importance of exercising extreme caution and using advanced security measures in decentralized finance (DeFi) projects and privacy protocols.
>
