The protocol team at
#SWEAT thwarted an exploit worth millions $
A hacker attack on the SWEAT protocol – the perpetrator exploited a vulnerability in the token's smart contract on the Near network (#NEAR) and made off with approximately 13,700,000,000 SWEAT ($3.5m), which is 65% of the total supply.
The SWEAT team paused the contract's operations and reached out to exchanges #MEXC and #RheaFinance, where the hacker attempted to cash out the stolen funds. MEXC froze the hacker's account, while Rhea halted SWEAT trading.
Outcome: all user funds were fully restored, and operations have returned to normal. The team plans to file a report with law enforcement and conduct a detailed analysis of the incident.
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