Digital Asset
Intelligence
Security Incident · Exchange

Elrond Virtual Machine Vulnerability: $113.00M Reported Loss

·Historical incident record

Incident Overview

The blockchain network Elrond is suspected of having a security breach, and hackers "obtained" nearly 1.65 million $EGLD "out of thin air" and sold it through the decentralized exchange Maiar. On June 8, Elrond founder and CEO Beniamin Mincu tweeted that the previous bug has been resolved, all funds and users are safe, and almost all stolen funds have been recovered.

Sources & References

Original incident referencehttps://elrond.com/blog/incident-and-recovery-report/ (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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