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Hacker attacked users of the decentralized Equalizer exchange

Forklog / 14.05.2024 / 14:48
Hacker attacked users of the decentralized Equalizer exchange

On May 14, the attacker began to "siphon" funds from traders of the decentralized exchange (DEX) Equalizer. The criminal stole 2353 EQUAL (~$20,000) and several other tokens. 

Please do not interact with https://t.co/pqN8aT6l2V front end at the moment. We are investigating and will report back.

— Equalizer (@Equalizer0x) May 14, 2024

The project team recommended that you do not interact with the front-end of the site until the investigation is completed. 

The incident began early in the morning with the leakage of 2,500 SpookySwap liquidity tokens (spLP). The victim also lost his other funds.

The hacker's address appeared on the network 222 days ago. Among the stolen coins:

2353 Equalizer (EQUAL);510 579 FantomStarter (FS);2 500 spLP;6 million AnyInu (AI);985 565 ChillPill (CHILL);50 000 WigoSwap (WIGO);25 multiDEUS (DEUS).

The total amount of damage is relatively small and is estimated at several tens of thousands of dollars. However, the funds of DEX users continue to flow to the hacker. 

In parallel, the attacker created a fake Equalizer account in X, where it was offered to receive compensation.

In the Discord channel, the project team gave some user tips to stop further loss of funds:

"If you are asked to approve something when connecting to decentralized applications, stop using this site immediately. [...] If you are asked to approve any contract that is unknown or missing from our documents, stop using this site."

A community member under the nickname 543 noted that users are safe if they "did not interact with Equalizer websites" a few hours before the incident. Otherwise, he recommended revoking all recent permits. 

The exchange's team is currently "working on restoring the main website." Before solving the problem, Equalizer advised using alternative mirrors.

Don't use https://t.co/HpuDvYx5Sg for now.

Please use these alternative Mirrors till thenhttps://t.co/4JEaLpOvu8 (Equalizer on Fantom)https://t.co/bvqpuk6VDu (Equalizer on Base)https://t.co/5ivVCX3M5e (Equity)https://t.co/hmELsa9X7L (CL Farms on Base & Fantom)

Please…

— Equalizer (@Equalizer0x) May 14, 2024

Earlier, onchain researcher ZachXBT reported a possible hacking of the Bahrain-based Rain cryptocurrency exchange for $14.8 million.

Recall that in April, the FixedFloat trading platform was attacked for the second time since the beginning of the year. Experts estimated the amount of damage at $2.8 million.

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