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@TransitFinance

All in Transit. All at your fingertips. Swap, Bridge, Buy with Fiat, Track Market Trends, and Trade memes.

Trading Hub Katılım Temmuz 2021
316 Takip Edilen24.9K Takipçiler
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Transit
Transit@TransitFinance·
📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team
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Transit@TransitFinance·
@BSCNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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BSCN
BSCN@BSCNews·
TRANSIT FINANCE LOSES 1.88M USD IN HACK TIED TO 2022 LEGACY TRON CONTRACT Cross-chain DeFi protocol Transit Finance (@TransitFinance) was exploited on Tuesday for roughly $1.88 million, with stolen funds now sitting in DAI on Ethereum after originating on TRON, according to PeckShield. Transit confirmed the incident today, attributing it to "historical vulnerabilities" in an early-version smart contract deployed on TRON in 2022 and deprecated the same year. The protocol said affected users will receive full compensation. Transit also sent an on-chain message to the attacker's wallet, giving 48 hours to return the funds before initiating legal proceedings. The protocol offered a bug bounty if assets are safely returned, but threatened to submit evidence to law enforcement, exchanges, and on-chain security firms if the deadline lapses. This is Transit's second major exploit. The protocol lost $28.9 million in October 2022 via a different swap contract vulnerability; that attacker eventually returned roughly 70% of the funds after similar negotiations.
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Transit@TransitFinance·
@diobiyanu Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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DI❍B
DI❍B@diobiyanu·
cryptopunk@xcryptopunk

another $1.8M hack just happened @transitfinance appears to have been exploited for around $1.87m in DAI the attacker address currently still holds the funds on ethereum and even received an onchain legal threat from the team according to the message, transit already completed: - onchain tracing - transaction path analysis - evidence preservation they’re now offering a bug bounty-style settlement if the funds are returned within 48 hours the funds reportedly originated from tron before landing on ethereum the attacker wallet currently has very limited activity besides the exploit-related transfers adress: etherscan.io/address/0x8a63…

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DI❍B
DI❍B@diobiyanu·
hacking is now the norms in this industry and im no longer surprised
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Transit
Transit@TransitFinance·
@sophiaHodlberg Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Sophia Hodlberg
Sophia Hodlberg@sophiaHodlberg·
Looks like @TransitFinance just got hit for ~$1.88M. Stolen funds are parked in $DAI here: 0x8a634DfA2609358849D7D65FFA270C8A57a8abA5
Sophia Hodlberg tweet media
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Transit
Transit@TransitFinance·
@soligxbt @DegenerateNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@Intern_Leverup @DegenerateNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@vaultmkr @xcryptopunk Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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cryptopunk
cryptopunk@xcryptopunk·
another $1.8M hack just happened @transitfinance appears to have been exploited for around $1.87m in DAI the attacker address currently still holds the funds on ethereum and even received an onchain legal threat from the team according to the message, transit already completed: - onchain tracing - transaction path analysis - evidence preservation they’re now offering a bug bounty-style settlement if the funds are returned within 48 hours the funds reportedly originated from tron before landing on ethereum the attacker wallet currently has very limited activity besides the exploit-related transfers adress: etherscan.io/address/0x8a63…
cryptopunk tweet mediacryptopunk tweet media
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Transit@TransitFinance·
@fr1ko_eth @xcryptopunk Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@MetaEraHK @PeckShieldAlert Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@ripper0x @DegenerateNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@eissakilo @DegenerateNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@pixhel_eth @DegenerateNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@NFTGUYY @DegenerateNews This is true, but @TransitFinance will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@ghazzog @DegenerateNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@CaramelCoffee @DegenerateNews Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@pepeofweb3 @xcryptopunk Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit
Transit@TransitFinance·
@chrisdior777 Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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chrisdior
chrisdior@chrisdior777·
🚨 JUST IN: @TransitFinance appears to have been hacked for ~$1.88M. Stolen funds are sitting in DAI on Ethereum, with reports saying they originated from Tron. Root cause is still unclear. Transit sent an on-chain message offering a bounty if funds are returned within 48h.
chrisdior tweet mediachrisdior tweet media
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Transit@TransitFinance·
@sophiaHodlberg Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Sophia Hodlberg
Sophia Hodlberg@sophiaHodlberg·
Hot take: this is exactly why DeFi keeps getting hacked. "Deprecated" just means they stopped using it; the vulnerabilities never left. Deprecated ≠ dead 👀
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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Transit@TransitFinance·
@xcryptopunk Transit will provide full compensation to affected users. For the cause of the incident, please refer to our latest announcement. x.com/TransitFinance…
Transit@TransitFinance

📣 Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: 1️⃣ Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. 2️⃣ Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. 3️⃣ Compensation Affected users will receive full compensation, with further details to be announced through our official channels. 4️⃣ Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team

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PeckShieldAlert
PeckShieldAlert@PeckShieldAlert·
#PeckShieldAlert @TransitFinance seems to have been hacked for ~$1.88M The stolen funds are currently sitting in the following address in $DAI: 0x8a634DfA2609358849D7D65FFA270C8A57a8abA5
PeckShieldAlert tweet media
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