StrongBlock: Attackers hijack an abandoned governance system, resulting in losses of approximately $720,000
2026-08-06 19:25:45
According to CoinMeta, StrongBlock suffered a loss of approximately $72,000 due to attackers hijacking its abandoned governance system. The attackers utilized this system to gain control over the key protocol contracts and subsequently transferred 32,695 Strong and 383,447 Strngr tokens from a pool controlled by StrongBlock, totaling over 416,000 tokens. At the time of the transfer, the loss amounted to around $72,000. Blockchain security firm Defimon warned that by acquiring sufficient Strong tokens, the attackers were able to control the governance votes and submit and approve a proposal to transfer the governance agents of StrongBlock. This incident highlights that abandoned protocols can still pose security risks, and governance attacks can occur without any software defects.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
Follow WalletJYS official accounts to stay updated
Hot Articles
Refresh

Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04

Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54

web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24

Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55

Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24

