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Hacks & Exploits

Bloom Bot Hackers Drain $953K From 48 Wallets

Bloom pledged to reimburse nine traders after $953,000 was drained from 48 wallets in 94 seconds.

Bloom Bot Hackers Drain $953K From 48 Wallets
Image: BullishMarketCap

Users of the Bloom trading bot lost $953,000 after 48 wallets were drained in 94 seconds, according to Cointelegraph. The platform has pledged full refunds to affected traders.

Incident Details

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The exploit targeted multiple wallets within a brief window. According to the platform, no private keys were accessed or compromised during the security breach.

Following the incident, Bloom stated it would reimburse nine traders who suffered losses in the exploit.

Key facts

  • Total losses reached $953,000 across 48 wallets.
  • The draining process occurred within 94 seconds.
  • Bloom pledged full refunds to nine impacted traders.
  • The platform confirmed no private keys were compromised.
#Bloom#CryptoSecurity#Hack

Source: cointelegraph.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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