Suspicious Transaction On BASE Community Involving SeamlessFi – Funds Reported Secure

Earlier at this time, a suspicious transaction involving SeamlessFi on the BASE community raised alarm after a malicious contract was deployed on September 13, 2024, at 11:57:04 UTC.

Simply minutes later, at 13:04:40 UTC, a hack was executed, ensuing within the theft of roughly $130,000. The stolen funds have been rapidly bridged to the Ethereum community and subsequently deposited into Twister Money, a service usually used to obfuscate fund transfers.

🚨ALERT🚨Our system flagged a suspicious transaction involving @SeamlessFi on the #BASE community earlier at this time.

A malicious contract was deployed on 13.09.2024 at 11:57:04 UTC, and a hack was executed simply minutes later at 13:04:40 UTC.
The attacker bridged roughly $130K in… pic.twitter.com/1JtLWmXg7w

— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) September 13, 2024

SeamlessFi Staff Confirms That All Funds Are Secure 

Regardless of the severity of the incident, the SeamlessFi group has assured customers that every one funds on their platform stay protected. In an official assertion, the group confirmed that SeamlessFi itself was *not* compromised through the assault. The hack was associated to an exterior malicious contract and didn’t goal the protocol instantly.

Contributors from SeamlessFi have totally investigated the incident and verified that the platform’s safety stays intact. Moreover, the group is collaborating with safety specialists and different tasks on the Base community to make sure clear communication and transparency. They purpose to dispel any rumors or misinformation about SeamlessFi being affected by the breach.

GM All, vital quick replace:

1. Funds on Seamless are SAFU.

2. Seamless contributors have investigated claims of a hack on the protocol and confirmed the protocol was NOT exploited.

3. Seamless contributors are working with safety groups and different Base tasks to…

— Seamless Protocol 🅢 #BuildOnBase (@SeamlessFi) September 13, 2024

Whereas the attacker managed to bridge and conceal the stolen property, the SeamlessFi protocol continues to function securely. The incident has sparked conversations inside the crypto group, however for now, SeamlessFi customers can relaxation assured that their funds are safe, and the platform just isn’t in danger. The group is actively working to forestall any confusion surrounding the state of affairs and make sure the continued security of its customers’ property.

Disclosure: This isn’t buying and selling or funding recommendation. All the time do your analysis earlier than shopping for any cryptocurrency or investing in any companies.

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