FEG: We have asked PeckShield to provide additional support to investigate irregular transactions. Preliminary investigations suggest there may be a wormhole bridge vulnerability

On December 29, the multi-chain DeFi protocol FEG (Feed Every Gorilla) announced on platform X that FEGrox is actively investigating irregular transactions and has asked PeckShield for additional support to find the root cause. In addition, FEG expressed understanding of the community's frustration. Over the past four years, its team has made countless sacrifices in building this project and will therefore be committed to finding answers and solving problems. Centralized exchanges have received notices to stop trading, and more information will be shared as it becomes available.

Preliminary investigations show that there may be a vulnerability in wormhole bridging which had previously been audited. It should also be emphasized that SmartDeFi contract code appears not to have been damaged; SmartDeFi protocol has been suspended as a preventive measure but projects built on this protocol remain safe at present.