Vulcan Forged

Vulcan Forged hacked for $140 million worth of PYR tokens

Summary # In December 2021, Vulcan Forged, a well-known play-to-earn cryptocurrency operating on the Polygon Network, faced a devastating exploit involving the theft of $140 million. As outlined in the post-mortem report released by the developers, the attacker managed to employ social engineering tactics to compromise the credentials of user wallets, thereby gaining access to private keys. Consequently, the hacker succeeded in withdrawing 4.5 million Vulcan Forged tokens (PYR), which, at that time, held a value exceeding $140,000,000. ...