RBC token devalued after Rubic platform hacked

RBC token devalued after Rubic platform hacked

96
Subscribe
RBC token devalued after Rubic platform hacked The aggregator lost $1.2 million after an admin wallet was hacked. Service says it continues to operate and user funds remain safe

 

The value of the Rubic service's native token collapsed 98% after the hack, before partially recovering. As of 17:50 time, the price of altcoin is $0.041, it has fallen by 49% in 24 hours.

The attacker gained access to the Rubic administrator's wallet and then withdrew $1.2 million worth of cryptocurrency from it. The hacker sold about 34 million RBC and BRBC tokens worth over $1.2 million on the decentralized crypto exchanges Uniswap and PancakeSwap. Rubic representatives say user funds remain safe.

Earlier, the largest bitcoin options crypto exchange lost $28 million to Deribit in a hacking attack. The company suspended the withdrawal of funds.

 

 

Other news

Binance CEO Explains the Uniqueness of the Upcoming Bitcoin Halving
CryptoQuant reported record accumulation of bitcoins ahead of the halving.
We've sold everything. Expert names reasons for crypto market downturn
The losses of miners after the halving were estimated at $10 billion. Where does this figure come from?
Robert Kiyosaki cited reasons for not investing in Bitcoin via ETF.
Chapter Hut 8 CEO Discusses Banks' Interest in Buying Bitcoin from Miners
Trustpilot