Another hack. $1.4 million worth of ETH drained from Omni.

[shinratensei_]

That's nothing new when there was a vulnerability that was used by hacker. That proves that if the team is not even reliable to build the platform. The team was telling about the testmode which does not even make sense if they were using the whole of their funds in the testmode. I meant it can use the testnet mode of ethereum in the testmode.The team was not so smart as hacker.
Since the luna case and it will never believe in what happened with the platforms didn't affect the users. there are bunch of defi that got hacked but they were always refusing if their user funds were getting affected while the fact said the opposite thing.

[antsam]

It's terrible if this is true, it shows that the security of the crypto world is still vulnerable that must continue to be tested. There is a lot of theft going on in the crypto world which is hard to uncover, but it is a process towards the maturity of the platform with its security

We have seen so many similar hacking incidents in the cryptocurrency industry, and Omni is a big platform that has so much reserve this hacking news is a devastating one, and at this point even though the Omni team has said that clients funds are safe but this raised a lot of concerns.

Yes, that's right, who doesn't worry about the security of their funds, moreover, it is very difficult to uncover every crime in the crypto world. Hopefully all crypto project developers including Omni will further improve the security of the platform in order to provide more guarantees for all

[Saisher]

The hack drained more than 1,300 ETH from the protocol, however, Omni said that none of the customer funds were affected, as the platform uses its fund in a test mode since it's still considered a beta.

It's good that they've announced it, investors are losing their trust if their funds are not protected and insured by projects they've trusted their money, 1300 is still a huge amount and this is the kind of news that makes investors trust projects that have proven their worth when it comes to security, I hope they can still keep up with the money loss and they should still after these hackers.
These hackers will not stop as long as they have victims that will not go after them.

[Leo]

The hacking that has been happening recently seems like an insider info from my own perspective point of view, because it's becoming rampant, well glad that omni said that customers fund is not affected at least that will be a relief for their customers, but on a serious note something needs to be done on this hacking issue incessant occurrence of it does not speak good about crypto generally

[mbakruroh]

The hack drained more than 1,300 ETH from the protocol, however, Omni said that none of the customer funds were affected, as the platform uses its fund in a test mode since it's still considered a beta.

It's just a test hack, so can see the level of security of the platform. Beta mode is only used to see platform performance. If hackers can enter the platform then the launch of the official platform will be delayed. However, we need to be careful in using the NFT protocol. Because many platforms continue to launch NFT products, which are indeed very vulnerable to hacking.

[SistaFista]

The hacking that has been happening recently seems like an insider info from my own perspective point of view, because it's becoming rampant, well glad that omni said that customers fund is not affected at least that will be a relief for their customers, but on a serious note something needs to be done on this hacking issue incessant occurrence of it does not speak good about crypto generally

That is one of the possibility that could happened actually. Some crypto exchanges could fake their hacks to steal and exit user's money.
Crypto exchanges should have bug bounties to test whether their exchange is safe or not because their customer's money is on their hand.