B
BTC $111,402 ↓ 1.1%
E
ETH $4,018 ↓ 2.3%
U
USDT $1.00 ↑ 0%
B
BNB $1,185 ↓ 0.8%
X
XRP $2.42 ↓ 3.3%
S
SOL $193.88 ↓ 5.1%
U
USDC $1.00 ↑ 0%
S
STETH $4,016 ↓ 2.3%
T
TRX $0.32 ↑ 1.1%
D
DOGE $0.20 ↓ 3.4%
A
ADA $0.67 ↓ 3.8%
W
WSTETH $4,886 ↓ 2.2%
B
BTC $111,402 ↓ 1.1%
E
ETH $4,018 ↓ 2.3%
U
USDT $1.00 ↑ 0%
B
BNB $1,185 ↓ 0.8%
X
XRP $2.42 ↓ 3.3%
S
SOL $193.88 ↓ 5.1%
U
USDC $1.00 ↑ 0%
S
STETH $4,016 ↓ 2.3%
T
TRX $0.32 ↑ 1.1%
D
DOGE $0.20 ↓ 3.4%
A
ADA $0.67 ↓ 3.8%
W
WSTETH $4,886 ↓ 2.2%
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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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