Beosin: The stablecoin protocol Steadefi was attacked, resulting in a loss of approximately 1.14 million dollars

ChainCatcher message, the blockchain security company Beosin's risk monitoring platform Beosin EagleEye has detected that the stablecoin protocol Steadefi has been attacked. The attacker has gained control of the protocol's deployment wallet and has transferred the ownership of all treasury (lending and strategy) portfolios to their own controlled wallet.

Currently, the attacker has exhausted all lendable funds on Arbitrum and Avalanche, and has transferred the assets to the Ethereum mainnet by exchanging them for ETH through a cross-chain bridge. The stolen funds amount to approximately $1.14 million. Steadefi is negotiating with the attacker and plans to offer a 10% bounty in exchange for the remaining 90% of the stolen assets.