Cryptocurrency Q&A
Is Dodo hacked?
Is Dodo hacked?
Sara
Sat Sep 28 2024
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6 answers
1633
Excuse me, I've been hearing rumors about Dodo being hacked. Could you please clarify whether there's been any truth to these allegations? If so, could you provide some details on the nature of the attack, the impact it's had on users and the platform, and any measures that have been put in place to prevent similar incidents in the future? It's important for the community to stay informed and feel secure when using Dodo. Thank you for your time and attention to this matter.
6 answers
Nicola
Mon Sep 30 2024
A recent incident in the cryptocurrency space has grabbed the attention of the industry. Reports indicate that the decentralized trading platform DODO suffered a security breach.
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IncheonBeauty
Mon Sep 30 2024
The platform's wCRES/USDT V2 liquidity pool was targeted by unknown hackers. The attack resulted in a significant loss of funds for the platform and its users.
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SumoHonorable
Mon Sep 30 2024
Specifically, the hackers managed to transfer nearly $980,000 worth of wCRES tokens from the liquidity pool. This represents a significant portion of the platform's assets.
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Nicola
Mon Sep 30 2024
Additionally, the hackers also stole nearly $1.14 million worth of USDT, the second-largest cryptocurrency by market capitalization. The total loss incurred by the platform is estimated to be over $2 million.
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RiderWhisper
Sun Sep 29 2024
The incident highlights the importance of robust security measures in the cryptocurrency space. As the industry continues to grow, it becomes increasingly important for exchanges and trading platforms to protect their users' assets.
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