ChainCatcher news, ZachXBT posted on his personal channel that the TapiocaDAO hack may have been caused by a team member downloading malware. This theft is also linked to other recent hacks, including Nexera, Concentric, Masa, SpaceCatch, Reach, Serenity Shield, and MurAll, triggered by a fake job scam.It is reported that approximately $4 million worth of stolen funds has been transferred from Arbitrum to BSC.

ChainCatcher message, Cyvers Alerts disclosed multiple suspicious transactions involving TapiocaDAO on platform X.It is reported that the owner of the belonging contract has changed, and the suspicious address has exchanged TAP tokens for 591 ETH, causing the token price to drop by 93%. The suspicious address then used Stargate to bridge the funds to BNB Chain, where the address holds approximately $4.7 million in BSC-USD and USDC.

ChainCatcher news, the cross-chain currency market protocol TapiocaDAO has completed a $6 million seed round financing, with participants including Fisher8 Capital, LayerZero Labs, PARC Capital, Jones DAO, Dewhales Capital, Magnus Capital, Capybara Capital, and individual investors such as Library Onchain founder Zoomer Oracle, Squirrel (Arrakis Finance), DCF GOD, CryptoCondom, and others.TapiocaDAO has launched the cross-chain over-collateralized stablecoin USDO based on LayerZero. (Source link)