What happened
Taylor has been hacked for 2,578 ETH (about $1.5 million) as well as some of its TAY tokens.
The hacker's address:
According to a Medium blog post the company published, what truly happened isn’t yet clear, although several indicators point them towards a group of hackers that hacked another project dubbed CypheriumChain for more than 17,000 ETH (about $9.8 million).
The hacker(s), according to Taylor, collected its funds from multiple sources in a single wallet, before transferring them to a larger one:
After the theft, the organization’s team managed to identify an attempt to dump its TAY tokens on the decentralized cryptocurrency exchange IDEX:
Protocol details
Evidence
- report Report ccn.com
- report Post-mortem medium.com
Understand the attack patterns
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