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Altcoins & DeFi

Address Labeled Bofur Capital Had About $2 Million Worth of DAI Converted Into 825.5 ETH

Image: TokenPost

About $2 million worth of Dai (DAI) taken from an address labeled Bofur Capital in an August address-poisoning attack was converted into 825.5 Ether (ETH). The attack followed a withdrawal from Compound. Address poisoning uses look-alike entries in transaction history to prompt users to copy a spoofed wallet address. In a separate case, a user lost about $305,000 in DAI after copying a fake address from transaction history, in an earlier address-poisoning incident . Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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