Monoswapio Hack: Users Urged To Withdraw Funds Amid Security Breach

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Monoswapio, a prominent staking platform, recently suffered a significant security breach, prompting immediate warnings to users to refrain from staking or adding additional funds. The platform has advised users with any staked positions to withdraw their assets immediately to prevent potential losses. The breach occurred when one of Monoswapio’s developers inadvertently installed a phishing application while joining a call with individuals posing as venture capitalists. This malicious app enabled the attackers to install a botnet on the developer’s office PC, granting them access to all MonoSwap-related wallets and contracts. Consequently, the hackers withdrew a substantial portion of the staked liquidity

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