Injective suffers $4.9M exploit via binary-options refund bug, network halted then resumed
Injective was reportedly hit by a $4.9 million exploit tied to its binary-options system, where an attacker abused a refund bug across 299 markets and moved nearly $5M to Ethereum. The network stopped producing blocks for about 3 hours and 42 minutes before resuming without a rollback after an emergency patch.
Detected & updated continuously · Source: Nebula
Sources
@CPOfficialtx
🚨 ALERT: @injective was reportedly hit by a $4.9 MILLION exploit tied to its binary-options system. The attacker allegedly abused a refund bug across 299 markets, with nearly $5M moved to @ethereum. Injective deployed an emergency patch and restarted the network without a https://t.co/6GWdj0Obzq
@pawnie_
Injective pulled its core chain repo off GitHub, called it a security move... didn't stop a $4.9M exploit the attacker needed nothing but public SDK docs, old binaries and the live testnet Whitehats who asked for real access got told no...
@wiseadvicesumit
🚨 INJECTIVE JUST HAD A ROUGH FEW HOURS. The $INJ network reportedly stopped producing blocks for around 3 hours and 42 minutes amid security concerns. Reports suggest a suspected exploit may have netted the attacker around $4.9M. The chain has since resumed without a rollback https://t.co/5WhaeoiXok