Cardano successfully fends off DDoS attack attempting to steal staked tokens
On June 26th, Cardano blockchain successfully resolved a DDoS attack against its staked ADA, without causing any downtime. The attacker attempted to steal tokens by executing a large number of smart contracts, but was discovered and countered by Cardano developers, who recovered some funds.
The CTO of Fluid Token stated that the attack began at block 10,487,530, with each transaction executing 194 smart contracts, and the attacker spent 0.9 ADA per transaction. The founder of Cardano development company, Anastasia, pointed out that the attack could be immediately stopped by revoking the attacker's staking credentials, and the attacker stopped the attack after seeing related tweets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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