Rocket Blockchain suffered an attack with losses of approximately $287,000

Blockchain Rocket announced that an on-chain attack occurred on September 5, resulting in a loss of approximately $287,000 in funds. The attacker exploited dormant perpetual markets on Rocket, placing artificially inflated price orders through disposable accounts and trading with themselves, generating false profits on the accounts while causing the disposable accounts to go bankrupt. The attacker then withdrew approximately $287,000 in profits from the Bridge.

Currently, all deposits, withdrawals, and trading have been suspended. The team is working with security firms and law enforcement agencies, coordinating with exchanges, cross-chain bridges, and stablecoin issuers to track and freeze the stolen funds. The official statement indicates that a recovery plan is being developed, prioritizing refunds for small accounts, with specific details to be announced as soon as possible.