AkuDreams dev team locks up $33M due to smart contract bug

Cointelegraph

Published Apr 25, 2022 01:01AM ET

Updated Apr 25, 2022 02:40AM ET

The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 Ethereum (ETH) worth nearly $33 million to be locked forever within a smart contract, inaccessible even to the development team.

The exploit however, was conducted by someone trying to show a vulnerability in the project and not to steal funds via a hack.

h3 The $33M Bug/h3 h3 The exploit/h3

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