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On Nexus Says DotSwap V1 Attack Drained 8.5 BTC Worth $685,000

On Nexus said the attacker exploited a legacy server-side signing mechanism to move funds from V1 liquidity pools and accounts over roughly four hours.

By Simon Yoon
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A detached cable rests beside a compact signing appliance / TokenPost.ai
A detached cable rests beside a compact signing appliance / TokenPost.ai

On Nexus said an attacker moved about 8.5 Bitcoin (BTC), valued at roughly $685,000, from DotSwap V1 pools and accounts over roughly four hours in an attack on the older service.

On Nexus identified DotSwap V1 as its older trading platform and said the attacker exploited a legacy server-side signing mechanism.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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