$182 000 USD

JULY 2024

GLOBAL

OPSEC ECOSYSTEM

DESCRIPTION OF EVENTS

"OpSec Ecosystem is a privacy-focused network dedicated to making operations on the cloud very seamless and efficient."

 

"OpSec decentralized cloud solutions range from high level nodes, light speed router devices, GPUs and hosting services."

 

"OpSec's decentralized architecture is built upon advanced cloud network technology and it forms the foundation of a secure and resilient computing environment.

 

OpSec Nodes, the backbone of this infrastructure, allow users to deploy projects autonomously or collaboratively, fostering a diverse and inclusive ecosystem.

 

OpSec's decentralized computing architecture is meticulously crafted to redefine the landscape of distributed systems. Whether you are hosting decentralized apps, deploying blockchain nodes, or remotely accessing your servers, OpSec makes sure that your journey is characterized by security, independence, and innovative forward-thinking."

 

"A private key with access to make changes to the staking contract was compromised. This allowed the attacker to change the ownership of the staking contract from a team wallet to the attackers wallet."

 

"At the time of the Breach the compromised tokens had a value of approximately $800,000.

 

At the time that the attacker was able to trade these tokens for Ethereum from the liquidity pool, he was only able to do so for an approximate value of 59 Ethereum."

 

"An hour ago, we experienced a security breach by external attackers, resulting in the theft of some funds from our staking contract.

 

We are taking immediate measures to address the situation by withdrawing liquidity from the current $OPSEC contract. We need to act fast to recover and migrate the contract address (CA).

 

To support this urgent migration, we need your help. Please send your $OPSEC tokens to the recovery address below to receive V2 tokens during the migration.

 

$OPSEC Recovery Address: 0x362538c16a2868038AE72B608c080B6433f979C9

 

Snapshot of current holders of V2 airdrop was taken. Please do not buy current $OPSEC token.

 

Key Points:

 

Funds are safe: You can relax and follow the instructions provided above. Marketing and development wallets are secure: We are migrating them to isolated fresh wallets.

 

Post-migration benefits include:

 

- Increased contract security - No contract dumps - Lower tax rates - Higher liquidity

 

User Safety: All users are safe. If you are an $OPSEC holder who did not purchase after 15:15 UTC, Wednesday, 10 July 2024, you are completely safe. We will handle individual cases as needed.

 

Upcoming Updates:

 

More details will be shared ASAP regarding the root cause of the breach.

 

An AMA is live NOW on telegram addressing the situation.

 

Rest assured, this message is from the internal OpSec team. Our Twitter account has not been hacked."

 

"Our team is diligently compiling a comprehensive overview of token distribution and transactions during and after the breach. This involves developing a script and processing extensive data for a thorough understanding beyond a simple snapshot. Once all data is gathered and analyzed, it will be transparently shared with the community. We have completed the stakers' data and vestments, and the CEXs typeform is progressing well. We will crosscheck addresses promptly to be ready for launch."

The OpSec Ecosystem is a privacy-focused network dedicated to making operations on the cloud very seamless and efficient. Their staking contract was breached due to a private key which was leaked. A few hours later, a Twitter post was made requesting users to migrate to a V2 version of the contract by sending their V1 tokens to a new address. Despite having comments disabled and coming at the time of the breach, this post was apparently from the legitimate OpSec team. Those users who did not transfer their tokens within the 2 week period appear to have lost their funds, however they may be reimbursed on a case by case basis.

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

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