Normie, a meme coin launched on Base, suffered an exploit that took its market capitalization from almost $42 million to $1 million. The exploiter sent a message offering to keep 10% of the ETH exploited, and demanding that the remaining 90% and the 600 ETH still present in the wallet of the token developers be leveraged to “fairly launch a new token that is used to reimburse NORMIE holders.” In its now-suspended X account, the Normie team accepted the hacker’s offer and vowed to relaunch the token after recovering the funds exploited, reimbursing NORMIE holders.
Normie Meme Coin Suffers Exploit, Vows to Relaunch After Negotiating Hacker Bounty
This article was published more than a year ago. Some information may no longer be current.
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