Yes, this is what decentralization looks like a single mistake in line of code from the devs team is going to cost people $34 Million.
Bid count tracker calculated incorrectly. This caused downstream validation to fail permanently; preventing withdrawal of mint funds.
Here’s the whole thread if you want to know how it happened.
https://twitter.com/dapperSBD/status/1517766010442375168
Here another twitter user explaining the whole situation.
Source for this thread: https://twitter.com/0xfoobar/status/1517680400142716929
RIP 11,539 ETH we will never see them again.
Edit:
Arrogant team deliberately ignored people warning them of a poorly designed contract, all funds could’ve been locked forever, but exploiter acted in good faith so it seems all money will end up where it should. Thanks for reading!
https://twitter.com/0xfoobar/status/1517662985690484736?s=20&t=Y5HJkTxMJ0btvki2601maQ
submitted by /u/naji102
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