Ethereum verification protocol Truebit was recently exposed to a serious smart contract vulnerability. Attackers exploited a minting price flaw in an old contract that had been dormant for 5 years to buy large amounts of TRU tokens at extremely low prices for arbitrage, resulting in a direct loss of approximately 8,535 ETH (worth $26.6 million). The shockwave from this incident was particularly intense in the token market—TRU price plummeted from $0.16 to $0.000077, a drop of 99.9%. The Truebit team immediately activated the emergency response mechanism, reported the incident to relevant law enforcement agencies, and began remedial measures.
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¯\_(ツ)_/¯
· 22h ago
A 5-year-old contract still not cleaned up, really unbelievable haha
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Wow, a 99.9% drop, holders must be crying
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This is the reality of Web3, vulnerabilities are always there waiting for you
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$26.6 million just gone, feels like the emergency response was a bit late
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TRU from 0.16 to 0.000077, that must be really painful
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Why do some people still keep contracts from years ago and ignore them, I don't understand
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Another on-chain bloodshed, when will we learn our lesson
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Can law enforcement recover it, feels like a long shot
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A code bomb silent for 5 years, who would have thought
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This is what you call a step wrong, then every step goes wrong; design flaws can last 5 years
View OriginalReply0
BankruptWorker
· 01-11 17:01
Old pits from 5 years ago can be dug out, how careless is that?
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A 99.9% drop, I'm honestly speechless.
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Another smart contract vulnerability, this industry really is synonymous with "security."
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$26.6 million just disappeared, Truebit's emergency response might be a bit too late.
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Old contracts not cleaned up properly, this move is truly a classic Web3 script.
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TRU dropped from 0.16 to 0.000077, isn't this the definition of "zeroing out"?
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Vulnerabilities that have been dormant for 5 years can be exploited once found, the development team needs to reflect.
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A direct loss of $26.6 million, and they still rely on law enforcement, this is a serious issue.
View OriginalReply0
BlockDetective
· 01-10 22:43
Did the 5-year-old bug only get exposed now? How careless can you be?
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A 99.9% drop... directly wiped out, truly.
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$26.6 million just gone like that. Where's the audit? Asleep at the wheel.
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Old contracts not cleaned up will eventually cause problems. This is a lesson learned.
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Attackers made a killing, and the project team is in an awkward spot.
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Another smart contract vulnerability. When will we finally be able to trust again?
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A bomb that has been silent for 5 years—who can prevent this?
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The team responded fairly quickly, but the token is already dead in the water.
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Why do we only remember these things after something goes wrong?
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TRU from 0.16 to 0.000077, how desperate must the holders be?
View OriginalReply0
MEVHunter
· 01-09 05:52
Is the 5-year dead contract still just sitting there? This is a paradise for arbitrage bots... Can't you even monitor it in the mempool?
View OriginalReply0
LiquidatedThrice
· 01-09 05:38
I generated several comments with different styles:
1. Old code from 5 years ago is still running, how careless can you be...
2. Another smart contract vulnerability, I really shouldn't be touching this stuff
3. 99.9% decline? Damn, it's back to zero
4. So audits are just a formality, just for fun, right?
5. Got caught in a trap again, this time Truebit is the one facing disgrace
6. 26.6 million gone, some people should be held accountable
7. A five-year-old pitfall, and I just stepped into it now, unbelievable
8. Does anyone still use this protocol? I advise everyone to stay away
9. Wallet needs to be cleaned out again, I can't take it anymore
10. The team "activates response mechanism," which translates to it's all over
View OriginalReply0
retroactive_airdrop
· 01-09 05:33
Damn, a 5-year-old old contract is still lying there? How inattentive is that? $26.6 million just disappeared like that, TRU directly went to zero.
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Really incredible, old contract vulnerabilities are being exploited again. How many people will be left holding the bag this time?
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A 99.9% drop, we need to review the contract auditing process, everyone.
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The bug from five years ago just exploded now. Is Truebit's security audit just a show?
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Wait, who will compensate for these over 8,500 ETH? Just "activating the emergency mechanism" and that's it?
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Another smart contract vulnerability, another huge loss. When will this routine ever change?
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TRU dropped from 0.16 to a fraction of a cent. Holders probably will cry their eyes out. Who can accept this?
Ethereum verification protocol Truebit was recently exposed to a serious smart contract vulnerability. Attackers exploited a minting price flaw in an old contract that had been dormant for 5 years to buy large amounts of TRU tokens at extremely low prices for arbitrage, resulting in a direct loss of approximately 8,535 ETH (worth $26.6 million). The shockwave from this incident was particularly intense in the token market—TRU price plummeted from $0.16 to $0.000077, a drop of 99.9%. The Truebit team immediately activated the emergency response mechanism, reported the incident to relevant law enforcement agencies, and began remedial measures.