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news-imageJuly 25, 2022

Decentralized Music Platform Audius Identifies Source of USD 6M Exploit, Says it Applied a Patch

Decentralized music platform Audius has identified the bug that had allowed a hacker to pass a malicious governance proposal and transfer tokens worth USD 6m, adding that they have applied a patch to regain control of the protocol.
Publisher: Cryptonews
Sentiment: Negative
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July 26, 2022

How was $6 Million Hacked from Audius?

The team behind Audius, the decentralized music platform, has detailed the exploit that led to the loss of around $6 million. Over the weekend, an overlooked vulnerability resulted in an exploit of Audius.

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