Seamless Protocol Hack: Cyvers Alert Detects Malicious Activity

Seamless Protocol Hack: Cyvers Alert Detects Malicious Activity

Cyvers Alerts Detects Seamless Protocol Hack Web3 security firm Cyvers Alerts has detected a hack targeting the Seamless Protocol on Base Network. On November 13th at 11:57 AM UTC, a malicious protocol was deployed, enabling the attacker to steal approximately $130k worth of funds. The stolen funds were then transferred to the ETH chain and subsequently deposited into Tornado Cash, a privacy-enhancing protocol. The Seamless Protocol team promptly communicated through an announcement stating that "funds are SAFU (safe)." However, the exact impact of the hack and the nature of the stolen funds remain unclear. The team has assured users that they are investigating the incident and will provide updates as they become available. Cyvers Alerts has warned users to be cautious of potential phishing scams related to the hack. They advise users to exercise caution when interacting with unfamiliar contracts or clicking on links from unverified sources. The firm also recommends that users keep their private keys and seed phrases secure to protect their funds from unauthorized access. The Seamless Protocol hack highlights the ongoing threat of cybercrime in the Web3 space. It is essential for users to remain vigilant and take necessary precautions to safeguard their digital assets.