🚀 Truebit Protocol Faces Security Breach Resulting in Significant Loss
#TruebitProtocol #SecurityBreach #Ethereum #TRU #ETH #CoinGecko #TokenCrash #Blockchain
According to BlockBeats, on January 9, the Ethereum-based verification and computation protocol Truebit experienced a security breach, resulting in a loss of approximately 8,535 ETH. This vulnerability allowed attackers to purchase the protocol's native token, TRU, at a significantly reduced price.
Following the attack, data from CoinGecko indicated that the price of Truebit's TRU token plummeted by 100%, dropping from around $0.16 to $0.0000000007191. The market capitalization of the token is now unquantifiable.#TruebitProtocol #SecurityBreach #Ethereum #TRU #ETH #CoinGecko #TokenCrash #Blockchain