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Seedify $SFUND bridge suffers $1.2M hack affecting 64k BNBchain users

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Key Takeaways

  • Hackers exploited a vulnerability in a cross-chain bridge contract, stealing $1.2 million in SFUND tokens.
  • The assault affected 64,000 holders of the SFUND token on the BNB Chain.

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Seedify’s $SFUND bridge was exploited in a $1.2 million hack that impacted greater than 64,000 customers on BNB Chain, marking one of many newest cross-chain safety incidents to hit the DeFi sector.

The assault focused SFUND, the native token of Seedify Fund, a blockchain incubator centered on gaming and metaverse initiatives.

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Tags: 1.2M64kAffectingBNBchainbridgeHackSeedifySFUNDsuffersUsers
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