EIGENLayer reassured its group that the platform’s infrastructure and onchain protocol stay safe after an investor misplaced EIGEN tokens value roughly $6 million in an remoted e mail compromise on Oct. 4.
A malicious actor stole 1,673,645 EIGEN tokens by infiltrating an e mail thread between an investor and the platform’s custodial service. The EIGEN crew reported that the attacker intercepted the communication, inflicting the investor to unknowingly switch the tokens to the attacker’s tackle.
The stolen tokens have been shortly liquidated on a decentralized swap platform, and the attacker transformed the proceeds into stablecoins. These stablecoins have been then transferred to centralized exchanges in an try and obscure the path.
In response, the EIGEN crew has collaborated with a number of trade platforms and regulation enforcement, efficiently freezing a portion of the stolen funds.
In its assertion, EIGEN Layer pressured that the compromise was restricted to the investor’s e mail communication and didn’t outcome from any weak spot within the platform’s protocol or good contracts.
Following its preliminary investigation of the incident, the crew mentioned:
“This incident is just not related to any onchain performance. Our protocol stays safe, and token holders are usually not in danger.”
The assault has prompted the crew to bolster safety protocols, particularly associated to communication with buyers. The broader ecosystem, based on the replace, stays unaffected by the incident.
The assertion added:
“We proceed to research and can share additional updates as quickly as we now have extra data.”
Whereas the stolen funds characterize a major loss for the investor, EIGEN Layer’s swift response to freezing among the property indicators the significance of cooperation between decentralized platforms, centralized exchanges, and regulation enforcement in tackling token thefts.
The EIGEN group is awaiting additional particulars because the investigation progresses. The platform guarantees to take proactive steps to stop comparable incidents sooner or later.
