#B14gReportsUnauthorizedTransferOfAbout97MCORE
🚨 b14g Hit: ~97M Staked CORE Withdrawn Without Authorization
📅 Oct 31, 09:29 UTC: about 97M CORE staked through b14g was moved to attacker-controlled addresses
⏸️ b14g paused the affected contracts after spotting the withdrawals
🔍 About 68M CORE is still on the Core chain, per b14g's tracing
🧊 Exchange partners have frozen roughly 9M CORE linked to the attacker
🛡️ BTC staked via b14g stays time-locked on Bitcoin and was not affected
⚠️ Root cause, number of users hit and compensation plan are still unknown; a post-mortem is promised
What it means for crypto: BTCFi dual-staking adds yield, but also smart-contract risk on the side chain. Fast freezes help, yet a freeze isn't a recovery.
Would you still use BTC staking protocols after this? 👇
$CORE $BTC
#CryptoNews #BTCFi #CoreDAO #B14gReportsUnauthorizedTransferOfAbout97MCORE
🚨 b14g Hit: ~97M Staked CORE Withdrawn Without Authorization
📅 Oct 31, 09:29 UTC: about 97M CORE staked through b14g was moved to attacker-controlled addresses
⏸️ b14g paused the affected contracts after spotting the withdrawals
🔍 About 68M CORE is still on the Core chain, per b14g's tracing
🧊 Exchange partners have frozen roughly 9M CORE linked to the attacker
🛡️ BTC staked via b14g stays time-locked on Bitcoin and was not affected
⚠️ Root cause, number of users hit and compensation plan are still unknown; a post-mortem is promised
What it means for crypto: BTCFi dual-staking adds yield, but also smart-contract risk on the side chain. Fast freezes help, yet a freeze isn't a recovery.
Would you still use BTC staking protocols after this? 👇
$CORE $BTC
#CryptoNews #BTCFi #CoreDAO #B14gReportsUnauthorizedTransferOfAbout97MCORE
