LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattcryptoRelated: Binance Alpha star GriffinAI suffered a cross-chain hijack: a malicious issuance of 5 billion tokens caused a 99% price
Last night (Beijing time), Binance Alpha launched an airdrop of GAIN, the token of the Web 3 AI project GriffinAI, to users with a GAIN score of 210 or higher. However, just 12 hours after the airdrop ended, GriffinAI was hacked, with 5 billion GAIN tokens maliciously issued. This caused the price of GAIN to plummet from a high of approximately $0.163 to approximately $0.003 within an hour, nearly reaching zero. As of this writing, the price of GAIN has rebounded to around $0.026. Around 9:30 AM, the hacker began trading the newly issued GAIN for BNB, then cross-chain trading to Ethereum, and began transferring the stolen funds to Tornado Cash. After an investigation, GriffinAI founder Oliver Feldmeier tweeted that the hacker launched the attack by introducing an unauthorized LayerZero…# Analysis# bitcoin# crypto# Market# ToolPre
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