Decentralized exchange Equalizer recently fell victim to a large-scale cyber attack. An attacker, exploiting a vulnerability in the system, managed to steal a significant amount of tokens and liquidity from the platform. According to security data, the hacker stole 2500 SpookySwap liquidity tokens (spLP), as well as 2353 EQUAL tokens, 510,579 FantomStarter (FS) tokens, 2500 spLP, 6 million AnyInu (AI) tokens, 985,565 ChillPill (CHILL) tokens, 50,000 WigoSwap (WIGO) tokens, and 25 multiDEUS (DEUS) tokens. All the stolen funds continued to flow to the hacker’s wallet address, which had been registered more than 222 days ago. In the wake of the attack, the EQUAL token price dropped by almost 11%, reaching $8.89.
In addition to the theft, the hacker created a fake Equalizer account on the social network X and spread false information, offering compensation to those affected. This only complicated the situation, as users could have become victims of additional fraudulent schemes.
The Equalizer team is actively investigating the incident and urges users to exercise caution.
In particular, they advise refraining from interacting with unknown contracts and applications until the investigation is completed and the system is updated.
This incident serves as a reminder that decentralized protocols can be vulnerable to attacks, which has become a common occurrence in the cryptocurrency space. Earlier this year, hackers also stole $6.5 million worth of crypto assets from the Abracadabra Finance protocol, and in January, another major theft of $600,000 was recorded.
Such incidents highlight the need to strengthen security measures and take a careful approach when interacting with new or less familiar crypto services.
