CertiK: Suspicious activity detected in DIMO admin wallet, 30 million tokens sold for approximately $40,000
BlockBeats News, November 7, according to CertiK monitoring, the DIMO admin wallet was used to upgrade the proxy and withdraw 30 million DIMO tokens, which were subsequently sold for approximately $40,000. One hour later, the proxy was reverted to its original implementation and ownership was transferred to a multi-signature wallet.
Public information shows that DIMO is a decentralized software and hardware Internet of Things (IoT) platform that allows users to create verified vehicle data streams to privately share with applications, enabling users to negotiate better services such as car financing and insurance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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