The $50 million exploit of Uranium Finance, a DeFi protocol on the Binance Smart Chain, may have been an inside job, according to a member of the project’s development team. The theory was put forward on Uranium Finance’s Telegram channel by a user named “Baymax,” who appears to be listed as an administrator. In a pinned post, Baymax explained that the security flaw leading to … [Read more...] about Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit
Uranium
$50M reportedly stolen from BSC-based Uranium Finance
Uranium Finance, an automated market maker platform on the Binance Smart Chain, has reported a security incident that resulted in a loss of about $50 million.Tweeting on Wednesday, Uranium revealed that the exploit targeted its v2.1 token migration event and that the team was in contact with the Binance security team to mitigate the situation.(1/2)‼️ Uranium migration has been … [Read more...] about $50M reportedly stolen from BSC-based Uranium Finance