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Hack history / 2021 / Hack or exploit

Sentinel

Hack or exploit on Aug 21, 2021 · Affected by the HitBTC event

ONE SOURCE · 1 SOURCE
Lost
$40M
dollars at the time
Returned
none listed
as the sources state it
Rank
#129
among thefts by dollars lost

What happened

Sentinel, a Cosmos ecological dVPN project, stated on Twitter that the $40 million DVPN tokens were stolen due to the leak of the mnemonic phrase on the HitBTC exchange. Sentinel stated that the user's own DVPN was safe, and HitBTC had the problem. They reported the hacking incident to Sentinel one hour after the incident. So Sentinel hopes that HitBTC will take action to return DVPN to users. HitBTC responded that Sentinel was trying to shirk responsibility for its technical defects and deceive everyone. HitBTC believes that Sentinel’s technology has vulnerabilities that can easily cause user mnemonics to be publicly disclosed. Such vulnerabilities are common in the Sentinel network, and the blockchain and software have not been thoroughly tested, and the company has not invested enough Time and resources to protect users. Therefore, HitBTC recommended that Sentinel fix the security vulnerabilities in the software, conduct more tests, and restart the current centralized system.

Details

Date
Aug 21, 2021
Kind
Hack or exploit
Method
Affected by the HitBTC event
How in
Keys, accounts and infrastructure
Target
not stated
Chains
not stated

Reported by

Cite this pageSwanBluechip, "Sentinel hack, Aug 21, 2021: $40M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htaf061386c0/ (data as of 2026-10-31).
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