Team Finance Hacked $14.5M: All Operations Temporarily Suspended

Cryptocurrency liquidity provider Team Finance has suffered a $14.5 million cyberattack.

Team Finance shared on Twitter about 1 hour ago, $14.5 million He said he was attacked. The platform will also continue until the problem is completely resolved. all activities will be temporarily suspended. explained.

The following statement was made on Twitter:

We have just been warned that we have been subject to abuse. We don’t know the details yet. We’re trying to reach the hacker and rectify the situation.

Many companies in the cryptocurrency market have been hacked recently. In a report released last week, Chainalysis identified October 2022 as the month with the highest number of hacking attacks since the beginning of the year, and the total attack value in October was almost 718 million dollars proved to be achieved.

The analytics platform saw the majority of hacking cases in 2019-2021. on central platforms while stating that the realization of the 2022 90% of attacks are on DeFi protocols declared it happened.

source site-9