Staking and farming platform Bent Finance joins has become the sixth crypto establishment to get hacked in December. The acknowledgment of the attack was followed by requesting investors to withdraw their pool funds and disabling the reward claims on the compromised platform.
Bent Finance first realized the exploit on Monday at roughly 8:55 pm EST, a timeline when the company reported no loss of funds. However, the community suspected a rug-pull event when blockchain investigator PeckShield allegedly located the source of the hack transactions.
We have located the hack tx, which interestingly is sent from the Bent Finance: Deployer @BENT_Finance !!! What is going on?! https://t.co/3L4F1gcNYJ
— PeckShield Inc. (@peckshield) December 21, 2021
“Yes, we see the same and are working through it right now,” said Bent Finance as the team appointed two independent white hat developers to get a better understanding of the unfolding situation. The company confirmed soon after:
1/ There was an exploit from the bent deployer address, it added balance of cvxcrv and mim to an address on an unvierifed update 20 days ago. We just discovered this today. There are multiple members on this team and we will make this right.
— Bent Finance (@BENT_Finance) December 21, 2021
Bent Finance continues to advise its pool investors to withdraw the funds until the exploit is addressed. However, the company has confirmed to recover all stolen funds from the Bent curve pool:
“We recommend you withdraw from the protocol until further notice. We are not going anywhere and will recover from…
Source link