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Audius Governance Reveals What Happened During Latest Hack

coinquora.com

The Audius contracts on the Ethereum mainnet were compromised due to a bug in the contract initialization code. This bug made it possible for the attacker to transfer about 18 million AUDIO tokens.

Read in Full: coinquora.com
Bitcoin AUDIO
$ 0.1796

Timeline of Audius


Decentralized Music Platform Audius Identifies Source of USD 6M Exploit, Says it Applied a Patch - Cryptonews

Decentralized music platform Audius has identified the bug that had allowed a hacker to pass a malicious governance proposal and transfer tokens worth USD 6m, adding that they have applied a patch to regain control of the protocol.


Audius loses $1 million to hackers - Cryptopolitan

Decentralized music streaming platform Audius has announced that it lost about $1 million to unknown hackers early this morning. According to the streaming platform, it mistakenly passed a malicious proposal that saw more than $5 million worth of the platform's tokens transferred.


Web 3 Streaming Platform Audius Hacked, $6M Stolen - BeInCrypto

A malicious actor siphoned $6 million from music platform Audius through the platform's decentralized governance system. The post Web 3 Streaming Platform Audius Hacked, $6M Stolen appeared first on BeInCrypto.


Hacker Drained $1M From Audius After Malicious Proposal Pass - DCForecasts

Hacker drained $1M from Audius after a malicious proposal requesting the 18 million tokens worth $6.1 million was approved in an exploit so let's read more today in our latest cryptocurrency news.


Hacker pockets $1.1 million after stealing from music streaming protocol Audius - The Block

Audius reported that a hacker stole funds from its community treasury using a malicious governance vote.  The post Hacker pockets $1.1 million after stealing from music streaming protocol Audius appeared first on The Block.

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