TapiocaDAO allegedly suffered an attack, with 591 ETH transferred out.

Pioneering the future with omnichain solutions: XGo ID and TapiocaDAO share insights

🚨 TapiocaDAO loses $4.65M in a social engineering attack targeting key contributors. 605 ETH & 3.1M USDC stolen, with some funds recovered. DAO plans team restructuring & stronger security, including enhanced multisig protocols, to prevent future incidents https://t.co/EzQVIEM1zV

Attached below is the Official Post Mortem of the 10.18.24 TapiocaDAO Social Engineering Attack https://t.co/o3KYWJCBPd

Another day, another private key theft, another protocol rekt. @tapioca_dao on Arbitrum suffers a roughly $4.4m loss in a private key compromise. Some funds recovered and the full damage is still unclear. Rekt Investigateshttps://t.co/zqGyVXUbzB https://t.co/ikPI1SYRt9

📰 Kamala Harris supports cryptocurrency, Tapioca DAO has been hacked, and the SEC is suing the creator of the $RUNE tokenCatch all this news and more in our roundup of last week's coverage!Key Updates:🔸 Kamala Harris's campaign states that she will ensure crypto investors "benefit from a regulatory framework to protect Black men and others in this market."🔸 The publicly-listed German company Samara Asset Group plans to purchase Bitcoin using a $33 million bond.🔸 The Central Bank of the UAE has approved the launch of an AED stablecoin.🔸 BlackRock is in discussions with global crypto exchanges to use BUIDL Token as collateral for futures.🔸 The SEC has filed a lawsuit against the co-founder of the $RUNE token.🔸 @tapioca_dao has successfully recovered hacked fundsDeFi Updates:— @legiondotcc whitepaper— Native $USDC now on @SuiNetwork— @0xOthentic mainnet launch— @layer3xyz live on Solana— @aave v3.2 protocol upgrade— @synonymfinance multi ecosystem lending (EVM and SVM)Top Investment Rounds:1. @yellowcard_app: 33M$2. @OpacityNetwork: 15M$3. @zkPass: 12.5M$4. @MentoLabs: 10M$5. @0xPredicate: 7M$Airdrop Alert: • @Scroll_ZKP announced the airdrop and announced the metrics by which they will distribute $SCR tokens • @HyperFND announces $HYPE native token • @puffer_finance claims are now live!Here are the early projects that have stood out the most:-> @PostFiatOrg-> @gatsbyfi-> @nano_bid-> @0x_freedom Stay informed by using TweetScout! 💡

Major hacks/exploits this last week: 1/ @RDNTCapital exploited; funds lost over $58 million 2/ @EigenLayer X account hacked; someone potentially lost ~800K mETH to phishing 3/ @tapioca_dao exploited; ~$4.7 million lost 4/ @ambient_finance domain hacked Always DYOR before clicking links!

🚨 Guardrail analyzed 6 hacks this week. Our docs & app has every hack and how we detected it ✅ Here are the notable ones to keep on your radar: 1. Radiant Finance: Private key compromise, detected attempted and successful attacker gnosis safe transfer ownership. Full postmortem: https://t.co/FtrxRI4JgM 2. TapiocaDAO: Social engineering (phishing) allowed a malicious actor to take over contract ownership, releasing all vested tokens in the pool. https://t.co/6BRFr0KW4G 3. Eigenlayer: token misallocation, unsafe contract upgrade deployment, and Twitter compromise Key vector across incidents: OpSec + Web2 + smart contract risks. Don’t rely solely on audits — build a connected, standardized, and automated security playbook. Get started with a system to manage these with @guardrailai. We support guards for each of these hacks. Dig into these with details for each hack, a corresponding security setup, and how it affects your contracts in-app → https://t.co/r9i5PiE7s9

⚠️#OKLinkAlert @tapioca_dao reported that they recently fell victim to a social engineering attack, resulting in the compromise of the USDO stablecoin and the TAP token vesting contract. The total loss amounts to approximately 591 ETH and $2.8 million USDC: https://t.co/atlFY716cw

SoSo Daily Oct 19 | BlackRock is in discussions with cryptocurrency exchanges such as Binance to use BUIDL tokens as collateral for futures.

🚨 DEFI EXPLOIT ALERT 🚨@tapioca_dao has suffered a suspected private key exploit - as of now $4,7M has been lost.@zachxbt has linked the hack to previous pk exploits carried out through malicious software installed during fake job interviews.

🚨Hackers stole $42 million from Tapioca DAO🚨🔍 Earlier today, on October 18, 2024, Tapioca DAO was targeted in a hacking attack. Initial estimates suggest that over $42 million in TAP tokens and 315 quadrillion USD0 tokens on the Arbitrum One blockchain were stolen.📍 The stolen funds were transferred from the victim's protocols to the hacker's addresses:- 0xc55e826D80214d5A709E90282872Efb110e9F146- 0x70285a11489bed93686410EBC727057CAfb8129D💰 The hacker then exchanged the stolen assets for USDT and USDC tokens, amounting to approximately $4.67 million, and bridged them to the Binance Smart Chain via the Stargate bridge. Currently, the stolen funds are located in the hacker's address 0x69D91e56Ca80F2a4D7b808b59053ea5c5505FFe2 in the form of 4,409,310 USDT and 287,729 USDC. Blockchain analysis indicates that this theft is connected to other recent hacks of crypto services, including Nexera and others.⚠️ We are closely monitoring the situation and tracking the hacker's ongoing attempts to launder the stolen funds.#tapiocadao #cybersecurity #cryptoscam #cryptocurrency #cryptocrime

🚨🚨 Olympix Alert! 🚨🚨@tapioca_dao seems to have been hacked through private key compromise resulting in a $4.7M loss of user-owned assets.The attacker exploited the system to mint a significant quantity of USDO, which was then swapped for USDC. Additionally, they withdrew and liquidated TAP tokens from several vesting contracts.The stolen funds were bridged from @arbitrum to @BNBCHAIN.🔍 TXs:https://t.co/qeedxTqi6c🔍 Attacker wallet address (BNB Chain):https://t.co/24QgUU1tDu

https://t.co/EPUGplE2yq TapiocaDAO presents: The -1,+1 (twL) Mirror Article!

STIP may be over.. but Smart LP never sleeps​Arbitrum users who were farming $ARB in blue-chip LPs can still win big with massive yields in alt strategies​Let's look at 3 of our top performers:​1. $GRAIL / $USDCe on @CamelotDEX ⚔️​With the Holy $GRAIL on the rise, it's a great time to take advantage of elevated swap fees!​This vault's Bull strategy is currently yielding ~100% APY, while giving you the benefits of $GRAIL price performance:--​2. $TAP / $ETH on @Uniswap 🟣​Tap in to these fantastic @tapioca_dao strategies. Most users are feeling bullish, preferring the Bull strategy by a large majority, but there's a lot of yield to take advantage of here..​Range Assist Narrow currently has a yield of 769% APY! That yield may be diluted with an increase in TVL, but it should still be the best on the market:--​3. $DMT / $USDCe on @CamelotDEX 🕹️​A fan favorite, our integration with crypto's premiere games company © - @SankoGameCorp​Want the most rewards?Range Assist Narrow.​Bullish on $DMT price?Bull is for you.​It's that simple to start conquering concentrated liquidity:--​👀 Keep those peepers peeled for new pools, DEXs, & chain expansions very soon!​👾 Join the Discord to ask any questions: https://t.co/6ThePhIJGn​📩 Reach out in DMs if you, or a project you know is interested in boosting their on-chain liquidity

Greetings @tapioca_dao enjoyersCheck out our $TAP / $WETH Smart LP strats, built specifically for tapiocans!We're delivering 3,150 $ARB to these strategies over the last 12 hours of our STIP campaign 🔥 https://t.co/YgudPw9RR5

Thanks for the shoutout, @tapioca_dao! (starting 14:20)

Clusters names are now live on @tapioca_dao! https://t.co/BPvGNkr3fI

Updated: ​​A short list of the upcoming TGEs and primary listings you should know about: - @NFTfi $NFTFI primary listing June 10- @nostrafinance $NSTR token auction June 10-13- @tapioca_dao $TAP token auction June 11-13- @ionet $IO primary listing June 11- @AethirCloud $ATH primary listing June 12- @ethermail_io $EMT primary listing June 12- @Aark_Digital $AARK token release June 12- @Tabichain $TABI start of Dutch Auction Jun 13- @aoTheComputer $AO token launch Jun 13- @MystikoNetwork $XZK token release June 18- @lista_dao $LISTA primary listing June 20- @NATIXNetwork $NATIX token release June 25- @Blast_L2 $BLAST token release June 26- @tap_protocol $TAP token release June 28- @bondexapp $BDXN token release June - @zksync $ZK token release June - @LayerZero_Labs $ZRO token release June - @zkLink_Official $ZKL token release June - @peaqnetwork $PEAQ token release June - @MocaverseNFT $MOCA token release June - @AvailProject $AVAIL token release June- @swellnetworkio $SWELL token release June- @ZetaMarkets $Z token release June - @Teleport_DAO $TST token release July 17https://t.co/MSXJAt7paT

Today in 30 minutes @tapioca_dao has their genesis announcements. Do not miss it!

Blackdragon is proud to be a financial contributor to @tapioca_dao, the highly anticipated Omnichain stablecoin ecosystem powered by LayerZero. A venture into the Omnichain Future!

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