Concentric.fi Archives - Coin Engineer https://coinengineer.net/blog/tag/concentric-fi/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 22 Jan 2024 16:08:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Concentric.fi Archives - Coin Engineer https://coinengineer.net/blog/tag/concentric-fi/ 32 32 Arbitrum-based project has been attacked! https://coinengineer.net/blog/arbitrum-based-project-has-been-attacked/ https://coinengineer.net/blog/arbitrum-based-project-has-been-attacked/#respond Mon, 22 Jan 2024 16:08:10 +0000 https://coinengineer.io/blog/?p=10251 Arbitrum-based project Concentric.fi hacked, price drops 51%. Blockchain security firm PeckShield, which has an altcoin project called Concentric.fi based on Arbitrum, announced that the infrastructure of Concentric.fi had been attacked. You might like: Why is Bitcoin falling? pic.twitter.com/vDdqPlGJvP — PeckShieldAlert (@PeckShieldAlert) January 22, 2024 PeckShield posted the following on X (Twitter): Concentric.fi has reported being

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]]> Arbitrum-based project Concentric.fi hacked, price drops 51%. Blockchain security firm PeckShield, which has an altcoin project called Concentric.fi based on Arbitrum, announced that the infrastructure of Concentric.fi had been attacked.

You might like: Why is Bitcoin falling?

PeckShield posted the following on X (Twitter):

Concentric.fi has reported being attacked and abused.

The local token CONE fell by 51% after this announcement.

The amount of stolen assets is as follows:

  • $1.72 million worth of cryptocurrencies
  • The stolen $1.72 million worth of cryptocurrencies were converted to 716 Ethereum (ETH).

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