Connext's Airdrop Sabotaged

posted  5 Sept 2023
Photo - Connext's Airdrop Sabotaged
After launching its new token, NEXT, Connext experienced a Sybil attack during the airdrop phase.

A perpetrator managed to acquire $38,000 in tokens, which were earmarked for genuine users.

Notably, Connext is a protocol built for the secure transfer of both assets and data across different networks.

Interestingly, the project’s prior efforts to implement an anti-Sybil program proved to be ineffective in preventing the hacking attempt.