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Detail Analysis

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Date:

Status:

Count:

Contributor:

August 21, 2021

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Verified

1

zerofriction.io

Loss Amount:

40,000,000

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Recovered Amount:

-

Currency:

Dollars, DVPN

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Sentinel, a Cosmos ecological dVPN project, stated on Twitter that the $40 million DVPN tokens were stolen due to the leak of the mnemonic phrase on the HitBTC exchange. Sentinel stated that the user's own DVPN was safe, and HitBTC had the problem. They reported the hacking incident to Sentinel one hour after the incident. So Sentinel hopes that HitBTC will take action to return DVPN to users. HitBTC responded that Sentinel was trying to shirk responsibility for its technical defects and deceive everyone. HitBTC believes that Sentinel’s technology has vulnerabilities that can easily cause user mnemonics to be publicly disclosed. Such vulnerabilities are common in the Sentinel network, and the blockchain and software have not been thoroughly tested, and the company has not invested enough Time and resources to protect users. Therefore, HitBTC recommended that Sentinel fix the security vulnerabilities in the software, conduct more tests, and restart the current centralized system.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.