🌙Moonveil.gg

[Announcement #2 | Update on the December 19 MORE Security Incident and Next Steps] To keep the community fully informed, we are sharing an update on the December 19 MORE security incident, along with our current status and next steps. 1. What Happened As stated in our initial announcement, the private key of the deployer wallet used for deploying several contracts (including staking, airdrop, and node reward contracts) was compromised. The attacker used this private key to interact with the staking and node reward contracts, where the compromised address still retained permissions, and extracted a significant amount of MORE tokens, which were subsequently sold on DEX platforms. In addition, a small portion of tokens was taken through unauthorized access to the airdrop contract address. 2. Actions Taken Immediately after detecting the incident, the team activated emergency response procedures and took the following actions: 1⃣Restricted liquidity immediately by removing DEX liquidity and cancelling all CEX orders to mitigate further market impact. 2⃣Revoked all permissions of the compromised address across all related contracts, fully cutting off any remaining attack vectors. 3⃣Contacted the Binance Alpha team and CEXs to request full support in order to prevent any unnecessary selling or off-ramping of funds by the attacker. 3. Current Status and Assessment We have now completed the removal of the compromised address permissions from all relevant contracts, and confirm that all attack paths have been fully blocked. Based on our investigation, a total of 56.48M MORE tokens were transferred by the attacker across two wallet addresses. Among them: ▶️14.9M MORE were sold via DEX; ▶️7.39M MORE were transferred to MEXC and were frozen promptly after we contacted the exchange; ▶️34.18M MORE were unexpectedly sent back by the attacker to our MORE ERC20 contract address. Based on the information currently available, we conclude that the current attack has ended. The team has conducted a continuous and comprehensive review of all existing contract permissions. 4. Next Steps Following this review, we confirm that: ▶️All permissions of the compromised wallet have been revoked ▶️All MORE tokens obtained by the attacker have either been sold, frozen, or returned. As a result, we do not expect additional sell pressure originating from this incident in the near term. Based on this assessment: 1⃣We have resumed liquidity support on both CEX and DEX platforms. 2⃣We have also informed the CEXs, and all previously suspended MORE deposits and withdrawals should have already been resumed or will be resumed shortly. 3⃣The MORE staking withdrawl and node reward claim on our official website will be resumed by tomorrow. We will continue to share updates with the community as needed. Thank you for your patience, understanding, and continued support. — Moonveil Team

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