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AkuDreams dev team locks up $33M due to smart contract bug

Published 04/25/2022, 01:01 AM
Updated 04/25/2022, 02:40 AM
AkuDreams dev team locks up $33M due to smart contract bug

The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 Ethereum (ETH) worth nearly $33 million to be locked forever within a smart contract, inaccessible even to the development team.

The exploit however, was conducted by someone trying to show a vulnerability in the project and not to steal funds via a hack.

The $33M Bug

The exploit

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