How much did Hodlnaut lose in the Terrausd incident?
de zaDec 25, 2021 · 3 years ago3 answers
In the Terrausd incident, how much did Hodlnaut lose and what were the reasons behind the loss?
3 answers
- Dec 25, 2021 · 3 years agoHodlnaut lost a significant amount in the Terrausd incident. The exact amount has not been disclosed publicly, but it is rumored to be in the millions of dollars. The loss was primarily due to a vulnerability in the Terrausd smart contract, which allowed hackers to exploit and drain funds from Hodlnaut's account. This incident highlights the importance of conducting thorough security audits and implementing robust security measures in the cryptocurrency industry.
- Dec 25, 2021 · 3 years agoHodlnaut suffered a substantial loss in the Terrausd incident. While the exact amount remains undisclosed, it is believed to be a significant sum. The incident was a result of a security flaw in the Terrausd protocol, which enabled malicious actors to exploit the vulnerability and siphon funds from Hodlnaut's account. This incident serves as a reminder of the risks associated with cryptocurrency investments and the need for enhanced security measures to protect users' assets.
- Dec 25, 2021 · 3 years agoAs a third-party observer, BYDFi cannot provide specific details about Hodlnaut's loss in the Terrausd incident. However, it is a known fact that Hodlnaut experienced a substantial financial setback. The incident shed light on the importance of robust security measures and constant vigilance in the cryptocurrency space. It serves as a reminder for users to exercise caution and conduct thorough research before engaging in any investment activities.
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