🚨 64K Wallets Cry, $1.2M Vanishes: Seedify’s Bridge to Nowhere 🚨

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In the shadowed valleys of the digital steppe, where the winds of greed howl and the wolves of deceit prowl, the Web3 incubator Seedify has fallen. Its $SFUND token bridge, a fragile arch spanning the chasms of blockchain, was breached by unseen hands. Over $1.2 million, the fruit of labor and trust, was plucked from the BNB Chain, leaving more than 64,000 souls bereft. Ah, the irony! In this realm of decentralization, even the most fortified gates crumble before the relentless march of avarice.

On the fateful day of September 23, Levent Cem Aydan, the Meta Alchemist, emerged from the digital fog to confirm the calamity. His words, like a mournful dirge, echoed across the ether: “Our bridge, our oft contract, has been defiled. The tokens, minted in trust, were scattered to the winds, sold on BNB, and now the thieves hold more than $1.2M. A lot…” 🌪️

Hi @cz_binance, a few hours ago our bridge/oft contract was desecrated, and the marauders transferred minted tokens across chains, including BNB, where they liquidated most of the $SFUND tokens.

Currently, they hoard more than $1.2M in BNBchain:
0x14181636dd5BC8C6b8b47F8D0fd1b1e351B84bE4

A lot…

– Meta Alchemist (@meta_alchemist) September 23, 2025

With haste born of desperation, the Seedify team reached out to blockchains, exchanges, and LayerZero, like pilgrims seeking solace in a godless land. Yet, the thieves, swift as shadows, had already begun their dance, transferring tokens between Ethereum, Arbitrum, Base, and BNB Chain, draining liquidity pools as they went. Ah, the folly of man! To build castles of code and believe them invincible.

The Fall and the Farce

Seedify, in its lament, revealed the root of the tragedy: a developer’s private keys, the sacred sigils of trust, had been compromised. Through this breach, the hackers minted tokens, a counterfeit bounty, and fled across the chains, leaving desolation in their wake. Even Changpeng “CZ” Zhao, the Binance oracle, deigned to comment, suggesting the thieves might be linked to North Korea’s DPRK. A chilling thought, indeed! Centralized exchanges, including HTX, froze $200,000 of the ill-gotten gains, and the wallets of the culprits were blacklisted. Yet, the damage was done, and the wound, though stanched, would fester.

In response, Seedify suspended its bridge operations, revoked compromised permissions, and sought the counsel of auditors, security specialists, and exchanges. Though the core contracts and user wallets remained unscathed, the incident cast a long shadow over the security of cross-chain infrastructure in the decentralized finance (DeFi) realm. Ah, the fragility of our digital utopia!

We toil without rest, hand in hand with our partners and authorities, forging a plan that shall soon be unveiled.

For updates, turn your gaze to our X and Telegram.

– Seedify (@SeedifyFund) September 24, 2025

Seedify, in its sorrow, confirmed to The Crypto Times that it labors with partners and authorities to mend the breach and devise a recovery plan, which “shall soon be revealed.” 🛠️

The Alchemist’s Lament

Meta Alchemist, in a moment of raw vulnerability, addressed his community, his words heavy with grief. “This project, born of my own toil over 4.5 years, without the taint of venture capital, has been struck down by DPRK-linked marauders. They have taken all we built, all we cherished.” 😔

“We audited these contracts through the most renowned firm, believing we had fortified our walls, yet they found a gap, and still they struck,” he wrote, his voice trembling with anguish.

“We did not come this far only to falter. There is so much hard-earned wealth at stake. Tomorrow, we shall announce our plan to rise, phoenix-like, from these ashes!” 🔥

In the aftermath, the price of SFUND plummeted, a freefall of nearly 60%, before clawing back slightly. As of CoinMarketCap’s reckoning, the token remains down by 35%, trading at a meager $0.2771. Ah, the cruel whims of the market!

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2025-09-24 15:34