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Decentralized Exchange Rubic Loses $1,000,000 in Exploit Invol | W3 Metaverse • DeFi • NFTs

Decentralized Exchange Rubic Loses $1,000,000 in Exploit Involving Private Keys

Multi
-Chain swaps protocol and decentralized exchange (DEX) Rubic has lost over one million worth of tokens after attackers gained access to the private keys of an administrator's wallet. During morning hours in Asia, the project developers revealed that one of their admin’s wallet addresses that managed the RBC/BRBC bridge and staking rewards was compromised. "We suspect it was malicious software that was used to get access to the admin wallet's private keys," they added. RBC is the native token of Rubic and BRBC is a wrapped version of the token. BTBC was created to allow users to trade in the BSC network, providing decreased overall fees and increasing the opportunity for more users to use Rubic’s token.

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