PANews reported on October 28th that SlowMist founder Yu Xian posted on the X platform that the ownership of the 402bridge contract had been changed. This appeared to be due to a private key theft, but an insider attack could not be ruled out (this statement does not mean that the project team acted collectively, as it was not a typical rugpull). 402bridge.fun stopped service just two days after registration. Then, a "hacker" stole the USDC of all users who authorized the bridge contract in bulk. This is the first public case of theft related to the 402 protocol service.PANews reported on October 28th that SlowMist founder Yu Xian posted on the X platform that the ownership of the 402bridge contract had been changed. This appeared to be due to a private key theft, but an insider attack could not be ruled out (this statement does not mean that the project team acted collectively, as it was not a typical rugpull). 402bridge.fun stopped service just two days after registration. Then, a "hacker" stole the USDC of all users who authorized the bridge contract in bulk. This is the first public case of theft related to the 402 protocol service.
SlowMist: The 402Bridge attack appears to be caused by a private key leak, but an insider attack cannot be ruled out.
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PANews reported on October 28th that SlowMist founder Yu Xian posted on the X platform that the ownership of the 402bridge contract had been changed. This appeared to be due to a private key theft, but an insider attack could not be ruled out (this statement does not mean that the project team acted collectively, as it was not a typical rugpull). 402bridge.fun stopped service just two days after registration. Then, a "hacker" stole the USDC of all users who authorized the bridge contract in bulk. This is the first public case of theft related to the 402 protocol service.
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