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coinpedia 2024-06-10 08:24:33

Loopring’s ‘Guardian’ 2FA Breach Leads to $5 Million Crypto Heist

The post Loopring’s ‘Guardian’ 2FA Breach Leads to $5 Million Crypto Heist appeared first on Coinpedia Fintech News A decentralized finance (DeFi) protocol based on Ethereum, Loopring has recently been hacked, within it is a layer-1 solution based on ZK-rollup, and it suffered a $5 million loss. This attack was directed to the ‘Guardian’ two-factor authentication (2FA) service used by the firm to boost the security of the smart wallet application that is …

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