Digital Asset
Intelligence
Security Incident · ETH Ecosystem

Block Tower Capital Affected by Dexible events: $1.50M Reported Loss

·Historical incident record

Incident Overview

Hackers exploited a vulnerability in the Dexible smart contract code to withdraw funds from crypto wallets using funds approved for spending. The team added that "a small number of whales" lost 85% of the funds stolen in the attack. Data on the chain shows that Block Tower Capital, a digital asset investment company, was one of the victims. The address labeled Block Tower Capital had $1.5 million worth of TRU tokens stolen in this incident. The attackers transferred TRU tokens to SushiSwap for ether (ETH) and then to TornadoCash.

Sources & References

Original incident referencehttps://www.coindesk.com/tech/2023/02/17/blocktower-capital-loses-15m-in-defi-market-aggregator-dexible-exploit-blockchain-data (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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