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Zero-token withdrawals let a hacker drain 97 million CORE from Bitcoin staking platform b14g
Bitcoin staking platform b14g suffered a $1.47 million exploit on Oct. 31, losing approximately 97 million CORE tokens. The attacker drained 91 staking positions in a single transaction by submitting withdrawal requests for zero CORE, according to an investigation by blockchain analytics firm Bitquery.
Why it matters
Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.
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Dextape context
Built from Dextape’s own wire, stories and glossary.
Terms in this story
- Blockchain
- A shared, ordered record of transactions, grouped into blocks, that independent computers check against the same protocol rules.
- Exploit
- An attack that abuses a bug or design flaw in a protocol to take funds.
- Staking
- Locking a proof-of-stake network’s native asset to help secure it in return for rewards, directly or through a service.
Mentioned in this story
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