Ethereum World News
2022-06-07 18:14:20

Hackers Allegedly Stole $1.65m Worth of Elrond, Dumped it, Causing a 92% Drop in EGLD’s Price on the Maiar DEX

Key takeaways: There was an alleged security breach in Elrond whereby hackers stole $1.65 million in EGLD. The hackers then dumped the Elrond (EGLD) on the Maiar DEX, resulting in a 92% drop in the digital asset on the decentralized exchange. The price of Elrond (EGLD) was not affected on centralized exchanges. Hackers have allegedly stolen $1.65 million worth of ELGD through a security breach on the Elrond Network. According to the team at WuBlockchain, the attackers obtained the funds […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.