The attackers withdrew $ 26 million in Ethereum and $ 9 million in bitcoin. Users were advised to suspend all operations on the platform pending further announcement.
Hackers hacked the DeFi project Vee Finance, which runs on the Avalanche blockchain, and stole $ 35 million worth of cryptocurrency. In total, 8804.7 ETH ($ 26 million) and 213.93 BTC ($ 9 million) were stolen.
The developers of the project published the address to which the attackers transferred the stolen funds.
The project representatives approached the criminals and offered them a reward for the detected bug. More detailed information about the incident has not yet been reported. Users were advised to suspend operations until the next announcement.
Dear Mr/Ms 0x**95BA,
This is VEE Finance team, we’re willing to launch a bounty program for the bug you identified. Please connect us via email or other contact you prefer.https://t.co/24R5XuSDDS pic.twitter.com/HwSNRi838g— vee.finance🔺 (@VeeFinance) September 21, 2021
The Vee Finance project was launched on September 14th. Last Saturday, September 18, the developers reported that the total amount of blocked funds on the platform exceeded $ 300 million.