{"id":55665,"date":"2022-01-11T10:47:06","date_gmt":"2022-01-11T08:47:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55665"},"modified":"2025-09-04T02:43:20","modified_gmt":"2025-09-03T23:43:20","slug":"hackers-siphon-18-million-from-animoca-brands-lympo-platform","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hackers-siphon-18-million-from-animoca-brands-lympo-platform\/","title":{"rendered":"Hackers siphon $18 million from Animoca Brands\u2019 Lympo platform"},"content":{"rendered":"<p>Hackers siphoned from the hot wallets of the Lympo sports NFT platform, a subsidiary of Animoca Brands, 165.2 million LMT tokens worth $18.2 million at the time of the breach.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Lympo?src=hash&#038;ref_src=twsrc%5Etfw\">#Lympo<\/a> provides an update on the <a href=\"https:\/\/twitter.com\/search?q=%24LMT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LMT<\/a> token slippage and hacking that occurred on January 10th at approximately 12:32 pm UTC. We&#8217;re working on stabilizing the situation and resuming all operations back to normal.<a href=\"https:\/\/t.co\/i07w5zoOwW\">https:\/\/t.co\/i07w5zoOwW<\/a><a href=\"https:\/\/twitter.com\/animocabrands?ref_src=twsrc%5Etfw\">@animocabrands<\/a><\/p>\n<p>\u2014 Lympo.io \u2014 Crypto Community (@Lympo_io) <a href=\"https:\/\/twitter.com\/Lympo_io\/status\/1480582931794083842?ref_src=twsrc%5Etfw\">January 10, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the project team, the attackers compromised ten wallets.<\/p>\n<p>In response to the attack, Lympo took a number of measures to prevent further losses. LMT has been temporarily removed from various liquidity pools to minimise the impact on the token price after the breach.<\/p>\n<p>The team noted that the majority of reserves are in cold storage and were not touched by the incident.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe attack is still under investigation, but we assure all LMT holders that we are doing everything possible to resume normal operations as soon as possible. We are preparing a comprehensive plan to address the consequences and will share it with the community as soon as it is ready,\u201d said Lympo.<\/p>\n<\/blockquote>\n<p>Presumably, the majority of the stolen assets were swapped for Ethereum on Uniswap and SushiSwap platforms.<\/p>\n<p>The price of LMT after the breach collapsed from around $0.11 to $0.01 \u2014 roughly 90%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/yC1cRmcAIYNDohD9f_o3u1zF3_KUiWISXoHUs0s7BoUOSpMBJ4jMN5_kXn0PBl0ctdgRpZmCgdysLe1hUTsaoWcWxl4SQt3oNZ6uCBZtrCxlMAQA43USTDkiFtMOovYy9nC0B0Ry\" alt=\"Hackers siphon $18 million from Animoca Brands\u2019 Lympo platform\"\/><figcaption>Data: <a href=\"https:\/\/www.dextools.io\/app\/ether\/pair-explorer\/0x51c1dc85f57fdaf591606e2adcc34adc96b04006\">Dextools<\/a>.<\/figcaption><\/figure>\n<p>Earlier, hackers <a href=\"https:\/\/u1f987.com\/en\/news\/hackers-siphon-nearly-8-million-from-lcxs-hot-wallet\">broke into the hot wallet<\/a> of the European Bitcoin exchange LCX. The loss was estimated at nearly $8 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hackers siphoned from the hot wallets of the Lympo sports NFT platform, a subsidiary of Animoca Brands, 165.2 million LMT tokens worth $18.2 million at the time of the breach.<\/p>\n","protected":false},"author":1,"featured_media":55666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154],"class_list":["post-55665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=55665"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55665\/revisions"}],"predecessor-version":[{"id":55667,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55665\/revisions\/55667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/55666"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=55665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=55665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=55665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}