"Ethereum DeFi Platform Jaws Hacked Again... Approximately 12.9 Billion KRW Stolen"
Summary
- Jaws was hacked again, and it was reported that assets worth approximately 12.9 billion KRW were leaked.
- The attacker secured 4,223 ETH, which was attributed to the exposure of the private key of a wallet or smart contract.
- Jaws explained that they are investigating the incident and taking all measures to resolve the issue.
It is reported that the decentralized finance (DeFi) project Jaws, based on the Ethereum (ETH) blockchain, has been hacked again.
Previously, on the 6th, Jaws also suffered a loss of $285,000 due to an attack targeting a vulnerability in the liquidity pool.
On the 21st, the cryptocurrency-focused media Decrypt reported, "The Ethereum-based real-world asset (RWA) linked DeFi platform Jaws has been hacked again," adding, "Assets worth a total of $8.87 million (approximately 12.9 billion KRW) were leaked in this attack."
The attacker is understood to have distributed the funds by swapping tokens multiple times and changing wallets, ultimately securing about 4,223 ETH.
Blockchain security firm PeckShield explained, "This type of attack usually occurs when the private key of a wallet or smart contract is exposed externally," adding, "It appears that the attacker who stole the administrator privileges withdrew the assets."
Jaws stated, "We are currently conducting a thorough investigation of the incident with our security partners," and "We are taking all necessary measures to minimize the impact and resolve the issue." However, they did not specifically disclose how the private key was leaked.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
