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news-imageJuly 26, 2022

NFT Music Platform Audius Scammed of 18 Million Cryptocurrency

NFT Music Platform Audius has confirmed that it was exploited by cybercriminals, costing the crypto company around $6 million. As a decentralized platform, Audius is a music streaming and sharing platform that puts the power back into the hands of content creators.
Publisher: Cryptoverze
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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