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CryptoIntelligence 2024-10-05 16:55:00

EigenLayer Dismisses Vulnerabilities Concern After Hack

Ethereum restaking protocol EigenLayer assured the community that its protocol has no vulnerabilities after an incident where nearly $6 million in tokens were stolen from an investor. On Oct. 4, the EigenLayer team announced they were investigating an “unapproved selling activity” concerning a wallet ending in “f10D.” This wallet address sold about 1.6 million of EigenLayer’s EIGEN tokens, valued at approximately $5.7 million. Following EigenLayer’s announcement, Etherscan quickly marked the address as under investigation. On Oct. 5, EigenLayer released a community update stating that the unapproved token-selling incident was the result of a hack. The team reported that a malicious

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