CryptoWorld News reports that, according to PeckShield, Retoswap announced it was attacked, and approximately 7,000 XMR (worth about $2.7 million) of user funds were stolen. Previously, Retoswap stated that Haveno lead developer Woodser reported at 2:31 AM (UTC) on May 20 that the Haveno trading protocol was maliciously attacked. Retoswap banned the attacker’s Onion address and paused trading at 2:33 AM (UTC), claiming the team was not compromised. The incident was attributed to a flaw in the Haveno protocol, and the damage appears limited to large-scale cryptocurrency quotes, with fiat currency traders unaffected.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • 7
  • Share
Comment
Add a comment
Add a comment
GateUser-7df43e29
· 17m ago
Is 2.7 million in Retoswap considered a major scam, or is it more of a severe blow to the system?
View OriginalReply0
GateUser-f2d5f4c0
· 1h ago
Pausing trading to stop losses is correct, but the first line of defense for user fund security has been broken.
View OriginalReply0
BlocktimeBarista
· 1h ago
Fiat currency traders are fine, it's the crypto-to-crypto traders who are unlucky; the attacker actually understands the business quite well.
View OriginalReply0
PaperHandsPro
· 1h ago
XMR stolen 2.7 million dollars, privacy coins can't escape protocol vulnerabilities either
View OriginalReply0
MistValleyFront
· 1h ago
7,000 XMR just disappeared like that, privacy coins are hard to track, recovery is basically impossible
View OriginalReply0
ExitLiquidityBuddy
· 2h ago
Retoswap reacted quickly; the address was banned in 2 minutes, but the money still isn't recovered.
View OriginalReply0
GateUser-991fc58a
· 2h ago
What’s the point of blocking Onion addresses? The money has probably already been transferred away.
View OriginalReply0
GovernanceGremlin
· 2h ago
Woodser reports the issue, Retoswap cleans up the mess, the division of labor is quite clear
View OriginalReply0
GaslightLatte
· 2h ago
Haveno protocol flaw is not being blamed, the team says they didn't hack it, do you believe this claim?
View OriginalReply0
View More
  • Pinned