AkuDreams dev team locks up $33M due to smart contract bug By Cointelegraph
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The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 (ETH) worth nearly $33 million to be locked forever within a smart contract, inaccessible even to the development team.
The exploit however, was conducted by someone trying to show a vulnerability in the project and not to steal funds via a hack.
The $33M Bug
The exploit
Continue Reading on Coin Telegraph
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The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 (ETH) worth nearly $33 million to be locked forever within a smart contract, inaccessible even to the development team.
The exploit however, was conducted by someone trying to show a vulnerability in the project and not to steal funds via a hack.
The $33M Bug
The exploit
Continue Reading on Coin Telegraph