Security Incident · Exchange
Elrond Virtual Machine Vulnerability: $113.00M Reported Loss
The blockchain network Elrond is suspected of having a security breach, and hackers "obtained" nearly 1.65 million $EGLD "out of thin air" and sold it through the decentralized exchange Maiar.
- Reported loss
- $ 113,000,000
- Attack category
- Virtual Machine Vulnerability
Incident Overview
On June 8, Elrond founder and CEO Beniamin Mincu tweeted that the previous bug has been resolved, all funds and users are safe, and almost all stolen funds have been recovered.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.