Poolz Finance suffered a hack causing its LockedDeal contract on ETH, BSC and Polygon chains to be compromised, resulting in around $500,000 in damages.
The attack caused POOLZ token to drop by 90% without any confirmation from the project.
The attacker used the CreateMassPools function in the LockedDeal contract, triggering the integer overflow vulnerability.
Poolz Finance is a protocol empowering pre-listing stage startups and project owners. The project has not confirmed the attack yet, and users should increase vigilance to protect their assets.
#PoolzFinance #crypto #hacking #security #blockchain #investing #ICO #cryptocurrency #Ethereum #BSC #Polygon #decentralization #riskmanagement #startup #innovation
The attack caused POOLZ token to drop by 90% without any confirmation from the project.
The attacker used the CreateMassPools function in the LockedDeal contract, triggering the integer overflow vulnerability.
Poolz Finance is a protocol empowering pre-listing stage startups and project owners. The project has not confirmed the attack yet, and users should increase vigilance to protect their assets.
#PoolzFinance #crypto #hacking #security #blockchain #investing #ICO #cryptocurrency #Ethereum #BSC #Polygon #decentralization #riskmanagement #startup #innovation