Zerotoken withdrawals let a hacker drain 97 million CORE from Bitcoin staking platform b14g

AI Market Summary

A hacker exploited zero-value CORE withdrawal requests to drain 97 million CORE from Bitcoin staking platform b14g, affecting 91 staking positions. The incident highlights withdrawal-validation and smart-contract risk in staking protocols, likely weighing on confidence in CORE-related staking services and inviting scrutiny of similar platforms. Near-term focus will be on reimbursements, audits, and whether contagion spreads to other staking venues.

Impact level

● Medium

Affected assets

CORE/USDT-3.29%

AI Insight · CORE/USDTAI Insight

▼ Bearish

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Bitcoin staking platform b14g suffered a $1.47 million exploit on Oct. 31, losing approximately 97 million CORE tokens. The attacker drained 91 staking positions in a single transaction by submitting withdrawal requests for zero CORE, according to an investigation by blockchain analytics firm Bitquery

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