B
BTC $108,915 ↑ 0.3%
E
ETH $4,454 ↑ 2.2%
U
USDT $1.00 ↑ 0%
X
XRP $2.81 ↑ 0%
B
BNB $865.33 ↑ 0.5%
S
SOL $204.61 ↑ 1.8%
U
USDC $1.00 ↑ 0%
S
STETH $4,444 ↑ 2.4%
D
DOGE $0.22 ↑ 0.6%
T
TRX $0.34 ↑ 1.3%
A
ADA $0.82 ↑ 0.4%
W
WSTETH $5,383 ↑ 2.3%
B
BTC $108,915 ↑ 0.3%
E
ETH $4,454 ↑ 2.2%
U
USDT $1.00 ↑ 0%
X
XRP $2.81 ↑ 0%
B
BNB $865.33 ↑ 0.5%
S
SOL $204.61 ↑ 1.8%
U
USDC $1.00 ↑ 0%
S
STETH $4,444 ↑ 2.4%
D
DOGE $0.22 ↑ 0.6%
T
TRX $0.34 ↑ 1.3%
A
ADA $0.82 ↑ 0.4%
W
WSTETH $5,383 ↑ 2.3%
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Web3 Initiative Encounters USDT Loss

A Web3 startup has reported the unauthorized transfer of several hundred thousand USDT due to an authorized wallet address that was hard-coded into its smart contract. This incident was brought to light by a member of the crypto community. There is an investigation underway regarding a suspect contract code submitted by an employee, who denies any wrongdoing, asserting that the harmful code was auto-generated by an AI programming assistant without proper verification.

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