DeFi Platform FinNexus Suffered A Security Breach

FinNexus suffered a data hack last May 17 that caused $7.6 Million on funds loss.

According to the statement from the team,the hardware powering the FinNexus platform is subjected to a targeted attack.

An unknown hacker infiltrated the FinNexus system and managed to recover the private key to the ownership of the FNX token contract.

The hacker proceeded to transfer contract ownership and minted 323,000,000 FNX,which is sold to centralized and decentralized exchanges causing price dump.

The FinNexus team is working with exchanges to stop trading FNX and is working round the clock to perform necessary checks to ensure security.

The team will also take a snapshot of all users addresses before the hack and will initiate an airdrop of a new token.

FinNexus urge its users to be patient as downloading data from Ethereum,BSC and Wanchain will take more time.

#SmartCrypto