Bifrost liquidity mining incentive vulnerability was exploited by hackers, and around $72 million in assets were stolen

According to Bifrost monitoring, according to Bifrost's monitoring, the hackers used the liquidity pool vulnerability to steal assets worth about 720,000 US dollars from the vDOT single coin pool, VASTR/ASTR, and vManta/Manta pools. The relevant assets were then deposited into HitBTC and eventually flowed into Binance.

Bifrost has contacted Binance's security department to file a fund freeze request, and submitted a report and on-chain evidence package to law enforcement, including transaction tracking, wallet address, and time stamp. Currently, Bifrost has stopped all liquidity mining rewards and is undergoing a full security review.