Blockchain-based economic data provider Truflation has confirmed a security breach resulting in losses estimated at approximately $5 million. The company, backed by Coinbase Ventures and Chainlink, revealed that the attack was carried out using malware, targeting its treasury and personal wallets.
| Incident | Blockchain data provider Truflation confirms malware attack, losing around $5 million. |
| Details | Hack targeted treasury and personal wallets; no customer funds compromised. |
| Stolen Assets | 57 million TRUF tokens (~$4.6M), $1.07M in ETH, $236K in DAI. |
| Response | $1M Reimbursement Fund set up; platform offering rewards for recovery assistance. |
| Attack Source | Malware likely injected during Singapore’s Token2049 conference. |
| Market Impact | TRUF token price dropped 15.6%, partially recovered. |
| Next Steps | Open to negotiations with hacker, working with law enforcement and industry partners. |