“This island is going to dis-appear… Our world is going to disappear… Our world… Our… world…”
As you know for sure, uranium.finance has been recently hacked and several tens of millions of USD have vanished. Many people were worried and wondered about the reasons of the problem, so we decided to make an article about it :)
Uranium Finance, an automated market maker platform (AMM) on the Binance Smart Chain, has reported a security incident that resulted in a loss of about $50 million.
In other terms, the V 2 code was exploited by an attacker who transferred $50 million away from the LP funds into a swapping platform and specific wallets. The exploiter swapped for BTC, ETH, and DOT coin.