According to the official NULS announcement over Twitter. The security team detected an account that was attacked by hackers and lost 2 million NULS tokens. The team decided to conduct a hard fork in order to lock some of the tokens out of the hacker’s possession.
The team managed to destroy 1,451,645 tokens and has released a new version of NULS.
*Security Update* pic.twitter.com/GN41agKgi1
— NULS (@Nuls) December 22, 2019
The rest of the tokens are still in the hacker’s addresses, in fact, according to recent reports, most of them have been sold with a value of over $130,000 total.
How is NULS Doing Post-Hack?
NULS price has remained pretty much stable as most of the tokens stolen were destroyed. The total number of stolen tokens were around 2% of the total supply.
Nuls is currently trading at $0.237 against USDT on Binance and has been following the steps of the major cryptocurrencies when it comes to price action.
NULS is also currently conducting a giveaway on twitter. A lucky winner will receive 420 NULS tokens and 116 people will receive 5 NULS tokens each.