Hacking News
Garuda DEX Hacked: Trillions of $LUNC Layer 2 Tokens Stolen
Garuda DEX, operating on the $LUNC ecosystem, suffered a major security breach after its administrator wallet was compromised. The attacker exploited 12 staking contracts and transferred the stolen assets to another wallet. Affected tokens include 1.98T $Butcher, 23.44B $BOYS, 14.15B $FIRE, and 42T $DO, alongside several other Layer 2 tokens. The attacker reportedly sold the stolen tokens, causing significant price declines across affected markets. Garuda managed to secure 47 additional staking contracts by transferring their admin ownership to a multi signature wallet before they were compromised.