Key Points:
Read more: EigenLayer Token Issues Leave Community Worried After Recent Hack
The EigenLayer team confirmed the EigenLayer X account hack. Malicious tweets containing phishing links had been posted around 5:40 AM ET while the project team was locked out of the account.
The EigenLayer team immediately launched an investigation of the breach, engaging security consultants from Security Alliance and BrainChain LLC within 20 minutes. Later, closer to 11:00 AM ET, X Support managed to secure the EigenLayer X account, and full access was attempted to be regained.
Following an in-depth investigation into internal tools, devices, and logs of various activities, EigenLayer reported no signs of suspicious activities or evidence of breaches in their systems or users. The installed security measures, including passkey 2FA, delegated access controls, and additional protective measures to that effect, also showed no signs of compromise.
As the EigenLayer X account restoration went on, the team assured users that updates would be availed as more information was available.
The latest incident is the second investigation having to do with unauthorized selling activity using an Ethereum wallet address that ends with “f10D.” The wallet had transferred approximately 1.6 million EIGEN tokens, estimated to be about $5.7 million.
On October 5, EigenLayer reported that the unauthorized activity was due to a hack wherein a malicious actor managed to compromise an email thread concerning an investor’s transfer of tokens to custody.
Despite the incident of the token theft, EigenLayer had cushioned its community by assuring it that it was an isolated incident and that it did not affect the greater ecosystem. It continues to work on the security of its platform to prevent similar situations in the future.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
An active whale buys GOAT, which appeared with a highly notable transaction in which 2…
The Ambient Finance hack utilized the Inferno Drainer malware, raising ongoing security concerns in the…
Explore the groundbreaking documentary 'Decentralized No Matter What V.2' and learn how Qubetics’ $500 investment…
Bitcoin Spot ETF inflows hit $274M on October 18, continuing a 6-day streak. Ark Invest’s…
The Tapioca DAO attack made the value of the native token TAP sink below less…
The ScamSniffer DEX Transaction Fees add a 0.25% charge to selected DEX trades, with fees…
This website uses cookies.