A vulnerability in Bifrost’s liquidity mining incentives was exploited by hackers, causing total losses of approximately $720,000.
1 hours ago
Bifrost tweeted that at 19:47 Beijing time on August 8, hackers exploited a liquidity pool vulnerability to steal assets worth approximately $720,000 from the vDOT single-asset pool, as well as the vASTR/ASTR and vMANTA/MANTA pools. The stolen assets were later deposited into HitBTC before ultimately flowing into Binance. Bifrost has since contacted Binance’s security team to submit a fund freeze application, and has filed a report with law enforcement along with an on-chain evidence package including transaction traces, wallet addresses and timestamps. The project has suspended all liquidity mining rewards and initiated a full security audit.
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