Audius Releases Vulnerability Review Report, Says Fixes Have Been Deployed

Jul 25,2022
KingData News: Audius, the Web3 music streaming service, has released a retrospective report on the attack on audited contracts Audited contracts were compromised due to an exploit in the contract initialization code that allowed repeated invocations of the "initialize" function. 18,564,497 AUDIO Tokens held by the Audius Community Vault were maliciously transferred to the attacker's wallet. Audius says that all remaining funds are safe and fixes have been deployed. At this point all remaining smart contract components have been updated and unpaused except staking & delegation. We expect to have these online within the next couple of days, after changes have been reviewed. In previous news, the Audius community vault was exploited, losing 18.5 million AUDIO Tokens.
This metrics provides a follow-up of hack incidents such as the exploitation of the Harmony-eco cross-chain bridge Horizon and the NFT lending protocol XCarnival.
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