Blockchain Firm Truflation Gets Hacked
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Crypto project Truflation, which is backed by Coinbase Ventures, experienced a hack resulting in approximately $5 million being stolen from various wallets.
According to ZachXBT’s post on their Telegram channel, the hack occurred a few hours ago and targeted the project’s treasury multisig and personal wallets.
Truflation also released a statement on X, acknowledging the hack and stating that they had noticed abnormal activity and a malware attack.
The project assured that it is taking measures to safeguard funds and is working with law enforcement to investigate the incident.
Staking services are currently unavailable and there is limited liquidity on decentralized exchanges, according to Truflation.
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