GardenFi Suffers $6 Million Multi-Chain Hack, Assets Swapped to ETH

The attack targeted WBTC, USDC, USDT and other tokens, with most freezable assets converted to ETH. GardenFi offered hacker a 10% incentive via on-chain message.

ETH
USDT
USDC

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Multi-Chain Hack: A cyber attack that compromises assets across more than one blockchain network.
  • On-Chain Message: A communication method recorded directly on a blockchain, often used for negotiations or public statements.
  • Freezable Assets: Blockchain-based tokens that can be locked or frozen by issuers or smart contracts to prevent further transfers.