Cryptocurrency
[loss] $1M+
Tweet by CertiKAlert
Primary Source ↗Financial Loss
$1.0M
(1,000,000 USD)
Blockchain(s)
Ethereum, Bitcoin
Incident Details
Ordinals Finance was a short-lived project, emerging in late February with promises to help build out a defi ecosystem on the Bitcoin blockchain.On April 24, the project developer withdrew 256 million OFI tokens and swapped them to ETH worth around $1 million. They then laundered the funds through the Tornado Cash crypto mixer. The project creator deleted the project’s Twitter account and took down its website.
Total loss estimated at $1,000,000.
Technical Details
- Vendor / Product
- Ordinals Finance
Timeline
- 2023-04-24 Breach occurred
- 2023-04-24 Publicly disclosed