Solidproof.io · 2023/10/03 · Read 3 mins, 2 secs
SolidProof is fully aware of the incident involving BigWhale.io and is working closely with our partner Cyvers to assess the situation and take further steps.
We would also like to mention that the security audit for BigWhale.io was conducted by Certik, while the KYC process was carried out by SolidProof.
This morning, at approximately 5 AM UTC, there was a failed zApproveLoanGrant transaction followed by a successful one, resulting in the transfer of a total of 7280 BNB from the platform's contract to the following address:
The developer wallet, which ends in 'd1c,' also had funds removed during the same time period. While we await a statement from the responsible auditors at Certik, we are already investigating the attack vector, which appears to be a possible private key leakage.
The SolidProof and Cyvers teams are collaborating and advising next steps. Further information will be released via updates to this blog post.
We want to emphasize our commitment to pursuing all available avenues and leveraging our resources and partnerships to explore a wide range of options to uncover the core of this incident. We will keep this post updated with any news regarding this incident.
The SolidProof Team
We are issuing an update on the ongoing investigation into BigWhale.io.
Yesterday, on October 5th, the Texas State Securities Commissioner, Travis J. Iles, took significant actions in response to alleged misconduct by BigWhale.io. The Securities Commissioner, Travis J. Iles, has issued an Emergency Cease and Desist Order against BigWhale.io. This order is aimed at halting the sale of securities tied to BigWhale.io's decentralized lending pool deployed on BSC.
You can read the full article here: Link to the article.
We want to assure affected investors that our KYC department is investigating this matter carefully. Our ongoing task force is dedicated to pursuing the situation and collaborating with authorities in the case of fraud. Please stay tuned for the latest updates from official sources.
SolidProof remains committed to upholding the highest standards of integrity, transparency, and accountability in all our business dealings. As a blockchain security company, we take our role in safeguarding the interests of our clients and the broader community very seriously.
In light of the ongoing investigation into BigWhale.io by the Texas State Securities Commission, we wish to clarify our stance and actions. SolidProof has been in direct contact with the Texas State Securities, actively collaborating and providing the necessary information to assist in the investigation. Our team has worked closely with the authorities to ensure that the relevant details are made available to the responsible parties.
We understand that investors seek clarity and information during such challenging situations. While we acknowledge this, we must emphasize that our foremost priority is to respect and support the authorities who have taken the lead in this investigation. Our cooperation reflects our commitment to the highest standards of regulatory compliance and ethical conduct.
SolidProof will continue to monitor and engage with this situation closely. We are dedicated to ensuring that all our clients' interests are protected to the best of our ability.
At this time, we cannot provide further information beyond what has been shared in this statement. The investigation is now in the hands of the relevant authorities, and we are awaiting their updates. Rest assured, we are committed to keeping our community informed as soon as we receive further information.
SolidProof remains steadfast in its commitment to building a secure and trustworthy digital landscape, and we will continue to work diligently towards achieving this goal.
The SolidProof Team