ZachXBT: Truflation was hacked, resulting in a loss of approximately 5 million dollars

ChainCatcher news, according to The Block, ZachXBT stated that the crypto project Truflation, supported by Coinbase Ventures, suffered a hack, resulting in a loss of approximately $5 million, with funds stolen from the treasury's multi-signature and personal wallets.

Truflation posted on X platform that it has detected unusual activity and confirmed that it has been attacked by malware. The project stated that it is monitoring the situation and taking measures to protect funds while cooperating with law enforcement for an investigation. Truflation also announced that staking operations are currently unavailable, and liquidity on decentralized exchanges is limited.