Connext's Airdrop Sabotaged
posted 5 Sept 2023
After launching its new token, NEXT, Connext experienced a Sybil attack during the airdrop phase.
A perpetrator managed to acquire $38,000 in tokens, which were earmarked for genuine users.
Notably, Connext is a protocol built for the secure transfer of both assets and data across different networks.
Interestingly, the project’s prior efforts to implement an anti-Sybil program proved to be ineffective in preventing the hacking attempt.
A perpetrator managed to acquire $38,000 in tokens, which were earmarked for genuine users.
Notably, Connext is a protocol built for the secure transfer of both assets and data across different networks.
Interestingly, the project’s prior efforts to implement an anti-Sybil program proved to be ineffective in preventing the hacking attempt.