Crypto token plunges 100% after alleged hack reports
A major Ethereum infrastructure project is facing fresh scrutiny after on-chain sleuths flagged what looks like a nine-figure smart-contract drain.
Early blockchain data suggests the attacker walked away with thousands of Ether, and the token tied to the protocol didn’t wait around to see if it was a false alarm.
Now, as investigators trace the money trail, traders are left with the same question that always follows these incidents.
What got lost, and what happens next?
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Truebit is an Ethereum-focused “verification” and computation layer designed to let smart contracts trigger work that’s too heavy to run directly on-chain —…
