It was announced that an altcoin project named Roco Finance was hacked. It was stated that 136 thousand ROCO tokens were stolen within seconds. Cryptocoin. com we share the details…
Altcoin project hacked: 136,000 tokens withdrawn in seconds
Roco Finance (ROCO), a decentralized GAMEFI platform and AXAV-based altcoin project that provides services to game developers, creators and gamer communities via the blockchain network, announced that it was hacked yesterday. In the Twitter post, it was stated that the funds were safe in the official account, which conveyed the details of this attack. So why did the attack happen? “Our stake contracts were hacked by someone who created a bot to replace the ‘ROCOperSecond’ contract, claiming a total of 136,000 ROCO tokens,” the RocoFinance Twitter account said.
According to the official description of the project, due to a vulnerability in the Roco Stake and Farm contracts, the attacker instantly changed the value of the “RocoPerSecond” variable in the Stake and Farm contract with the bot he created. Obtained tokens by changing and calculating the reward value. He simply transferred the “Total Rewards” balances in the contract. It was stated that the tokens of all ROCO investors and stakers are safe. The developer of the project, Tanay Aytımaz, pointed out on Twitter that the hacker wrote 2 bots and harvested the stake rewards in just 24 seconds.
However, various claims have been made that this project is a rugpull. For example, a Twitter user named CryptoSorloth pointed out that tokens started to be sold 3 hours ago on Roco. Of course, it’s worth noting that this is just a claim.