Search results for "FEG"

$FEG Skyrockets 19% After announcing $10,000 Buy Order

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FEG: The team will repurchase the Tokens purchased by users after the attack incident and pay a 25% reward

Odaily Planet Daily News FEG official posted on X: "If you bought a token after the attack, you must return it or you will lose your funds." We'll buy back the amount you paid for FEG and reward you with an additional 25% to reward your loyalty. The deadline for sending tokens is 9:00 on January 2, 2025, after which there will be no buybacks. ” Earlier news, FEG suffered an attack and lost about 100
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Shield: The fundamental cause of the FEG attack is the composability issue that arose when integrating with the Wormhole bridge

Odaily Planet Daily News - Paidun said that it analyzed the latest FEG Hacker attack, and the root cause seems to be a composability issue that occurred when integrating the underlying Wormhole bridge used for Cross-Chain Interaction messages/token transfers. Specifically, Hacker created a fake deposit message (not supported by the audited FEG SmartBridge through an unexpected Wormhole relay interface), and then transmitted it to another chain and received by the FEG SmartBridge (now disabled) to extract FEG Tokens. Please note that the SmartDeFi code has not been affected. Meanwhile, the Wormhole Foundation stated, 'The FEG security incident is not related to Wormhole. All Wormhole
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Wormhole Foundation: FEGToken issue is unrelated to Wormhole

BlockBeats news, on December 31, the Wormhole Foundation stated on social media that the FEG Token issue has nothing to do with Wormhole. All Wormhole contracts are completely unaffected by this issue and are not related to it. Earlier, BlockBeats reported that on December 29, the multi-chain Decentralized Finance protocol FEG (Feed Every Gorilla) announced on platform X that FEGrox is actively investigating irregular transactions and has asked PeckShield to provide additional support to find the root cause. Preliminary investigations indicate that there may be a vulnerability in the Wormhole bridge, which has been audited before. It is also important to emphasize that the Smart Decentralized Finance contract code does not appear to have been compromised, Smart Decentralized Finance
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FEG suspected to have suffered an attack, losing approximately $1 million. The team is currently investigating.

Odaily Planet Daily News According to CertiK Alert monitoring, several suspicious transactions occurred on BSC, ETH, and Base, with a large amount of FEG Tokens being extracted and sold for approximately $1 million, and then deposited into Tornado.Cash. FEGrox is actively investigating, and the preliminary investigation indicates wormhole
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