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2024/04/29 [Urgent] Investor caution and action guidance due to foundation account hacking and token theft

Hello, this is ENTC foundation


The hacking, which took place around 00:00 on April 29, 2024, has caused the following damage and is currently implementing emergency measures.


The hacking route is identified as the inflow of foundation work PC malicious code through impersonation phishing mail, and we will minimize the occurrence of damage through prompt action.


[1] Token Admin account stolen

Token contract-owned account randomly changed to hacker-owned account


[2] Bridge token theft occurred

Token theft that had been unlocked (moved from a third party consignment wallet) for reward payment

Token theft that was distributed for team compensation payments


foundation emergency measures

step 1

[2]All tokens stolen from were sent to the MEXC Exchange and LBank Exchange, and the foundation immediately requested the suspension of all functions such as withdrawal and withdrawal of tokens. (It is understood that the inflow of stolen tokens to the Bithumb Exchange did not occur due to the suspension of withdrawal, but the suspension of withdrawal and withdrawal was requested to resolve the situation.)


step2

Currently, the authority of the Admin account seized by the hacker is limited (arbitrary incineration, no additional issuance), so there is no problem with user tokens stored in the exchange, but since it is a security issue, we will take action with the foundation PC and account initialization and token swap in mind.


step3

After proceeding with the legal process for cybercrime on April 29, 2024, we will ask the MEXC, LBank exchanges where the tokens are currently flowing through the applicable application document to extend the blacklist, and we will take measures to prevent the tokens from being distributed further.


The damage in the Bithumb Exchange, where the above emergency measures are currently being implemented, has not been confirmed on the on-chain, but we ask for your deep understanding as we have requested the suspension of withdrawal and withdrawal to prevent damage to users' assets.


Additionally, tokens that were being paid for rewards and compensation were stolen, and many other tokens are kept safe through a third-party consignment.


We ask for your understanding even if it is a little inconvenient until the action on the Admin and token is completed.


We will keep you updated on additional measures

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