PeckShield alerts SFUND users after a hack drains one of Seedify's SFUND bridges, causing a significant price drop and triggering an urgent investigation with cybersecurity teams.
PeckShield has warned SFUND users to avoid using SFUND bridges after a hack drained one of them, triggering a 50% drop in SFUND's price. Seedify's Meta Alchemist is working with LayerZero, law enforcement, and cybersecurity experts to track down the hacker. Seedify has offered a large reward for assistance in locating the attacker, who is moving stolen funds. The hack follows a series of crypto exploits, contributing to rising security concerns in the industry.