EOS HACKED: Hacker steals $110,000 worth of EOS

banner-image

EOS Hacked – After an attacker used an ongoing exploit on EOS network to win every roll on a gambling dapp, the network has been frozen. So far, the attacker has managed to steal more than $110,000 worth of EOS.

How EOS Hacked? An attacker used REX on the blockchain network to continuously win on the gambling dapp EOSPlay. A twitter user with username Rektkid explained that an attacker rented a load of resources from REX and is using to exploit a gambling dapp EOSPlay and has gathered 30,000 EOS.

https://twitter.com/rektkid_/status/1172595110237921281?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1172595110237921281&ref_url=https%3A%2F%2Fcoinnounce.com%2Fhacker-exploits-eosio-steals-110000-network-freezes%2F

Jared Moore reported to a crypto news outlet that until there’s a fork or a patch anyone who spends more than $1000 or more on REX can continue to abuse the exploit on the network. Co-founder of Greymass claimed that the exploit was with the Dapp’s contract and not with EOSIO network.

EOS has a market capitalization of $3.46 billion and is among the top ten cryptocurrencies. At the time of writing, it is being traded at $3.78, 0.2% down from the last 24 hours. The blockchain platform raised 4 billion dollars in the initial coin offering.

EOS

EOS.IO is a blockchain protocol powered by the native cryptocurrency EOS. The protocol emulates most of the attributes of a real computer including hardware with the computing resources distributed equally among EOS cryptocurrency holders. Wikipedia

April 20, 2025

Introduction Bitcoin (BTC) has officially crossed the $85,000 milestone, igniting a..

April 20, 2025

Introduction Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continue to anchor..

April 19, 2025

The cryptocurrency market has seen explosive growth, with new projects and..

features-presales-thunder

Floppypepe ($FPPE) is your ticket to the moon. Escape the ordinary and reach for lunar gains with this AI meme token. Secure your spot now before it's too late.

Join Now