Connext’s Airdrop Sabotaged
After launching its new token, NEXT, Connext experienced a Sybil attack during the airdrop phase. A perpetrator managed to acquire $38,000 in tokens, which were earmarked for genuine users. Notably, Connext is a protocol built for the secure transfer of both assets and data across different networks. Interestingly, the project’s prior efforts to implement an anti-Sybil program proved to be ineffective in preventing the hacking attempt.
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After launching its new token, NEXT, Connext experienced a Sybil attack during the airdrop phase.
A perpetrator managed to acquire $38,000 in tokens, which were earmarked for genuine users.
Notably, Connext is a protocol built for the secure transfer of both assets and data across different networks.
Interestingly, the project’s prior efforts to implement an anti-Sybil program proved to be ineffective in preventing the hacking attempt.
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