Spartan Protocol Hacked and Stole $30 Million
Another project in BSC (Binance Smart Chain) lost funds due to hacker attack
Through the efforts of the attacker who attacked the liquidity mining pool SPARTA/WBNB, the project lost $30 million of tokens.
According to the team, the fraudster spent about $61 million in the BNB to use an unknown mechanism to steal $30 mln worth of tokens.
Due to the theft of funds, the token of the sparta project fell by a third to $1.17. In view of the discovery of this vulnerability, the project will conduct a software update.
According to statistics, this is one of the biggest thefts among DeFi projects. There are five projects ahead in a kind of anti-rating:
- EasyFi $59 mln.
- Uranium Finance $57.2 mln.
- Kucoin $45 mln.
- Alpha Finance $37.5 mln.
- Meerkat Finance 32 mln.
The total amount of funds stolen from six projects exceeds $260 million.