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Hashflow suffered a hacker attack

  • This is likely to be a lengthy exploit
  • At present, approximately $400,000 has been lost
  • Funds have been stolen in two coins: ETH and ARB
  • The exploit attacks the contract in at least 4 blockchains

Decentralized trading platform Hashflow has suffered an exploit worth approximately $400,000. However, it’s likely a long-term exploit, and it will go on for a long time.

PeckShield, a blockchain and cryptocurrency research company, reported that funds were stolen in two coins, these are Ethereum ($215,000) and Arbitrum ($195,000).. According to PeckShield, the vulnerability is related to the company’s bridge contract, specifically contract approval.

This exploit attacks the contract in at least the Ethereum, Binance Smart Chain, Polygon and Avalanche blockchains.

In the meantime, users on Twitter are already reporting losses. One of them, under the pseudonym rektfencer posted a loss of 6900 USDT. He wrote:

“Thanks to Hashflow I lost 6900 USDT lol”