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ZachXBT: Truflation hacked, losing about $5 million

BlockBeats news, on September 26, according to The Block, ZachXBT said that the crypto project Truflation supported by Coinbase Ventures was hacked and lost about $5 million. The funds were stolen from the "vault multi-signature and personal wallet."

Truflation later posted on the X platform that it had detected "abnormal activity" and confirmed that it had been attacked by malware. The project said it was monitoring the situation and taking measures to protect funds, while working with law enforcement agencies to investigate. In addition, Truflation also announced that staking operations are currently not possible and liquidity on decentralized exchanges is limited.

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