1. QiAi QuestsHome
  2. Metaverse & Beyond

Poolz Finance faces an unfortunate turn of events

• Metaverse & Beyond • 76 views

Poolz Finance faces an unfortunate turn of events

According to reports, according to CertiK monitoring, the black address 0x190Cd marked as “Poolz Finance Explorer” by Bscscan has transferred funds to Tornado Cash. To date, Poolz Finance attackers have transferred 1184 BNBs (approximately $391600).

The black address marked “Poolz Finance Explorer” by Bscscan has transferred funds to Tornado Cash

Analysis based on this information:


Poolz Finance, a decentralized investment platform that allows investors to participate in upcoming blockchain projects, has been accused of being a victim of a cyber attack. According to CertiK monitoring, a black address marked as “Poolz Finance Explorer” by Bscscan has transferred funds to Tornado Cash. To date, the attackers have transferred 1184 BNBs (approximately $391,600).

The cyber attack has caused panic among Poolz Finance investors, as the platform is known for its robust security measures and reputation for transparency. The fact that the attackers were able to gain access to the platform and transfer such a large amount of funds to Tornado Cash is concerning. Tornado Cash is a decentralized mixer that allows anonymous transactions, making it difficult to trace the origin and destination of the funds.

The transfer of funds to Tornado Cash raises suspicions of money laundering or other illegal activities. It is possible that the attackers may have used the platform’s smart contracts to exploit weaknesses and gain unauthorized access to investors’ funds. It is important to note that the Poolz Finance team has not issued any statement regarding the incident, leaving investors in the dark about the situation.

The CertiK monitoring system is known for its advanced security features that help detect and prevent cyber attacks. However, the transfer of funds to Tornado Cash indicates that the attackers were able to bypass security measures successfully. This is a concerning development, as investors are looking to Decentralized Finance (DeFi) platforms such as Poolz Finance for secure and transparent investment opportunities.

The incident highlights the need for more advanced security measures in the DeFi space. It is crucial for DeFi platforms to prioritize security and transparency to build trust among investors. While the Poolz Finance team has yet to comment on the incident, it is hoped that they will take swift action to address the issue and, more importantly, prevent similar incidents from happening in the future.

In conclusion, the attack on Poolz Finance is unfortunate and concerning. The perpetrators have transferred a considerable amount of funds to Tornado Cash, raising suspicions of illegal activities. The incident highlights the need for more advanced security measures in the DeFi space and highlights the importance of transparency in building trust among investors.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/metaverse/6499.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/17/2023 03:23
Next 03/17/2023 03:37

Related recommendations