According to SlowMist, the Web3 music platform Audius community vault was exploited and lost 18.5 million $AUDIO tokens. The hacker swapped the funds via Uniswap for about 705 $ETH remains in the scammers address at this time.
Currently, Audius officials said the issue has been found and fixes are in progress to get things back to a stable state. To prevent further damage, all Audius smart contracts on Ethereum had to be halted, including the token. The team do not believe any further funds are at risk. While these fixes are being completed, token balances, transfers, etc will be temporarily unavailable.
Source Web3
Music
NFT
Security Incidents
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