Midas Capital Hacked. Over $600,000 Drained By Hacker

Money market protocol Midas Capital has been hacked for over $600,000 by an unknown attacker. This incident was first reported by Ancilia, a blockchain security firm.

This incident happened less than 48 hours after Midas Capital deployed on the mainnet.

The BSCscan team was quick to label the wallet address of the hacker "Midas Capital Exploiter" so everyone could be warned. Hacker address: 0x4b92cC3452Ef1E37528470495B86d3F976470734

So far, the Midas Capital team hasn't made any comments on this exploit. There are still over $5 million locked up in different pools on the protocol.

If you have funds with Midas Capital, you may want to move those funds, as the extent of this hack is yet to be ascertained. There's a possibility of more funds being drained.