Tapioca DAO Hacked, Over 21M $TAP Tokens Exploited

Oct 18, 2024, 11:29 AM

Tapioca DAO, a decentralized autonomous organization, appears to have been hacked. Multiple sources indicate that the deployer address of Tapioca DAO has been compromised, leading to unauthorized changes in the ownership of the vesting contract. The new owner has reportedly withdrawn over 21 million $TAP tokens. This incident raises concerns about the security measures in place to protect the platform and its assets. The $TAP token has been exploited, leading to significant financial loss.