Has the Elrond blockchain network been subject to any unauthorized access or security breaches? I've been hearing rumors about potential hacks and I'm concerned about the safety of my investments. Could you clarify if there have been any confirmed incidents of hacking on the Elrond platform? Additionally, what security measures does Elrond take to ensure the protection of user funds and data? It's crucial for investors to have confidence in the security of the platform they're using.
6 answers
HanbokGlamourQueenEleganceBloom
Tue Jun 25 2024
At the time of the hack, the stolen EGLD was valued at roughly $113 million.
Sebastiano
Tue Jun 25 2024
This theft represents a significant loss for the Elrond community and a blow to the credibility of the blockchain.
Andrea
Tue Jun 25 2024
Foudres, a noted blockchain researcher, revealed a significant hack in the Elrond blockchain ecosystem.
Alessandro
Tue Jun 25 2024
BTCC, a UK-based cryptocurrency exchange, offers a wide range of services to its users.
BlockchainBaronGuard
Tue Jun 25 2024
The hacker managed to steal approximately 1,650,000 EGLD, the native token of the Elrond network.