FEG (Feed Every Gorilla)

FEG Token Plunges 99% in Third Hack, Attacker Nets $1M Across Three Chains FEG token’s SmartBridge exploit resulted in a 99% price drop following unauthorized withdrawals. Hacker profited over $1 million by exploiting […]

FEG token’s SmartBridge exploit resulted in a 99% price drop following unauthorized withdrawals. Hacker profited over $1 million by exploiting […]

Feed Every Gorilla hacked again for over $1 million The "Feed Every Gorilla" project has once again been hacked, after suffering a pair of flash loan attacks in May 2022 amounting to $1.9 million in losses. The protocol also suffered losses later in 2022, thanks to an issue with a token locking service that cost FEG $2 million (though around $1.9 million was ultimately returned by the exploiter). This time, the FEG project team blamed an issue with the project's bridge, which is a tool used to deposit and withdraw tokens from the project. An attacker was able to maliciously withdraw a large amount of FEG tokens via the flaw in the bridge, which they then sold off for around $1.07 million, tanking the FEG token price by 99% in the process. The bridge had been audited by the PeckShield blockchain security firm.

Feed Every Gorilla hacked again for over $1 million

December 29, 2024
https://www.web3isgoinggreat.com/?id=feed-every-gorilla-hack-2

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