A hacker was able to mint an unlimited number of COVER tokens. Cover price is down by 80% since the exploit. Although the Cover protocol itself remains safe, as it wasn’t exploited, it’s the token behind the project that was affected. According to the official announcement, the Blacksmith farming contract was exploited to min infinite COVER tokens. In order to stop the attacker, the team has restricted minting access to the contract. Users were also asked to immediately stop providing liquidity for Cover on Uniswap or Sushiswap. If you are a user affected and want to withdraw from the restricted contract, you will need to access the contract through this Etherescan link https://etherscan.io/address/0xE0B94a7BB45dD905c79bB1992C9879f40F1CAeD5#writeContract using the emergencyWithdraw option. As expected, Cover price plummeted from an average of $800 down to $50 in a matter of hours and will most likely continue to decline as more users realize the contract was breached. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/JPY Price Analysis: Bulls challenge multi-week trading range hurdle, around 126.70 FX Street 1 year A hacker was able to mint an unlimited number of COVER tokens. Cover price is down by 80% since the exploit. Although the Cover protocol itself remains safe, as it wasn’t exploited, it’s the token behind the project that was affected. According to the official announcement, the Blacksmith farming contract was exploited to min infinite COVER tokens. In order to stop the attacker, the team has restricted minting access to the contract. Users were also asked to immediately stop providing liquidity for Cover on Uniswap or Sushiswap. If you are a user affected and want to withdraw from the restricted… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
