tldr; Truebit Protocol suffered a major exploit, resulting in the loss of 8,535 ETH (~$26 million) from a smart contract. The TRU token’s value plummeted by over 99% following the incident. While the team acknowledged a security issue, it remains unclear if it was a hack or a misconfiguration. Law enforcement has been notified, and investigations are ongoing. The incident has raised concerns about protocol security and impacted both retail and long-term TRU holders, with no recovery plans announced yet.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Successful-Win-8035 on
No. Its a good project. Theyll get the mony back. If you buy now itll be extremely worthwhile when they get liquidity back. Also, its got great tech behind it.
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Yes, completely dead
tldr; Truebit Protocol suffered a major exploit, resulting in the loss of 8,535 ETH (~$26 million) from a smart contract. The TRU token’s value plummeted by over 99% following the incident. While the team acknowledged a security issue, it remains unclear if it was a hack or a misconfiguration. Law enforcement has been notified, and investigations are ongoing. The incident has raised concerns about protocol security and impacted both retail and long-term TRU holders, with no recovery plans announced yet.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
No. Its a good project. Theyll get the mony back. If you buy now itll be extremely worthwhile when they get liquidity back. Also, its got great tech behind it.