Cryptocurrency

Audius Loses 18 Million Audio Tokens to Hacker Who Exploited Malicious Governance Proposal

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Audius Loses 18 Million Audio Tokens to Hacker Who Exploited Malicious Governance Proposal

Audius, a decentralised music platform lost 18 million of its community tokens in a hack attack over the weekend. While the total cost of the transferred tokens exceeded $6 million (roughly Rs. 47 crore), the hacker managed to earn only a smaller chunk after dumping and selling the stolen tokens for $1.8 million.

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