Decentralized finance (DeFi) lender bZx suffered a hack of reportedly $55 million, in line with a tweet on Friday by the blockchain safety agency SlowMist.
- “#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted.
- bZx responded in a tweet {that a} personal key controlling the protocol’s deployment on Polygon and Binance Smart Chain was compromised, however that its good contracts weren’t.
- The protocol added that about 25% of the stolen quantity was “personal losses from the team wallet that was compromised,” and that the incident remains to be below investigation.
- bZx suffered three hacks final yr, though it was in a position to get better $8 million in cryptocurrency from the third and largest of those assaults, which occurred in September. The different two hacks for $630,000 and $350,000, respectively, occurred in February.
#bZx personal key compromised, over $55 million {dollars} stolen thus far. We’ll proceed to replace as extra data is found. @RektHQ @ChainNewscom @bZxHQ https://t.co/SM6WWDt06J pic.twitter.com/39S05IiBFr
— SlowMist (@SlowMist_Team) November 5, 2021
Important to notice: the bZx good contracts themselves weren’t compromised. This incident solely impacted the Polygon and BSC deployments by way of a compromised key.
— bZx – Fulcrum & Torque (on ETH/BSC/Polygon) (@bZxHQ) November 5, 2021
UPDATE (Nov. 5 19:54 UTC): Adds third bullet level and details about 2020 hacks.
