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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
A certain trading platform was hacked, resulting in the theft of 58.2 BTC. The co-founder responded by pursuing accountability from the criminal gang.
On August 13, [Block Rhythm] responded to previous theft reports on social media, stating that "a significant vulnerability was found in its latest liquidity AMM (Automated Market Maker) update. Some malicious users (mainly associated with criminal gangs within China) exploited this vulnerability to steal a large amount of BTC from the platform. They are still assessing the specific amount of BTC lost, and the company's funds are insufficient to cover the losses. The remaining funds on the platform are secure. We have identified several groups that profited from this vulnerability and will pursue them and file lawsuits (especially considering the amount of evidence we have, including their wallet activities)."
According to previous reports, the platform allegedly had a vulnerability, resulting in approximately 58.2 BTC being transferred away.