YIEDL: Hackers hacked the new Y-Bull vault on BSC, worth about $300,000

YIEDL has released an update on the hacker attack on the X platform. YIEDL stated that:

a. The hacker attacked the new Y-Bull gold vault on Bsc, worth about $300,000;

b. All SCs have undergone extensive third-party auditing and testing before release, but the attacker exploited a vulnerability in the BSC-integrated SC, which allowed redemption of small amounts of funds. This has been done multiple times through custom malicious SCs. Unfortunately, this vulnerability was not discovered during the auditing phase;

c. We are tracking the flow of stolen funds to the destination wallet and are looking for partial/full recovery solutions;

d. The incident has been reported to the Singapore authorities;

e. One of the attacker's wallets received funds from an address starting with 0x975d9B, and multiple security teams have emphasized to us that this address belongs to the ChangeNow cryptocurrency exchange. We have contacted them to obtain detailed information about the attacker.

Yesterday, according to PeckShield monitoring, YIEDL (an AI-driven Vaults project) was attacked, resulting in a loss of about $160,000.