- The CertiK team
- The protocol developer took advantage of a “loophole” and withdrew 269 million OFI from the pool
- Probabilistic damage of around $1 million
- The platform was launched in late February this year
- The administration has now closed all pages and completely disappeared from view
The CertiK team reported suspicious activity in the Ordinals Finance pool last night, April 24..
The developer withdrew OFI tokens from the OEBStaking smart contract and then began exchanging them for ETH.
The asset had a capitalization of $2.3 million before that, then it dropped to $143,000..
However, some of the losses may be due to the fact that some users managed to “drain” the tokens.</nbsp;
It appears that the Ordinals Finance team withdrew a total of 269 million OFI for a total of about $1 million.. The tokens were sent to an address in Ethereum, then “laundered” through Tornado Cash,</nbsp;
The developer used a “tab” in the OEB Staking contract, which probably allowed him to withdraw all the blocked cryptocurrency. A hacking scenario seems unlikely.</nbsp;
After all, the Ordinals Finance Twitter page has been deleted. The administration ignored a request to comment on the situation. Also, she is not answering any of the contacts posted earlier. This morning, April 25, the OFI fell 96% to $0.000101.
We note that DeFi-Protocol Ordinals Finance entered the market in late February of this year. The resource was positioned as a service for lending and renting “ordinals.”
We previously reported on how “whale” Bored Apes lost $4 million on a ragpool. As a result, he collapsed the BAYC token exchange rate and deleted his Twitter page.
However, the BAYC token exchange rate has been in decline.