AI × Blockchain × Security
That’s where SecureChain AI is positioned.
Early infrastructure projects often get ignored…
Until they don’t.
$SCAI
#SecureChainAI#SCAI#Web3Security#AI#Crypto
🚨 Crypto lost BILLIONS to scams last year.
Rug pulls.
Honeypots.
Malicious smart contracts.
Most traders don’t even know they’re exposed.
This is exactly why @SecureChainAI SecureChain AI exists. 🧵👇
Think about this:
If Web3 goes mainstream, security won’t be optional.
It will be mandatory.
Projects that solve security at scale will dominate the next cycle.
🚨 Security Incident Report
Migration DApp Wallet Compromise
Date of Incident: May 8, 2025
Time (UTC): 14:36:35
Networks Affected: Ethereum & BNB Smart Chain
Confirmed Impact: ~ 15,000,000 SCAI Tokens
1. Incident Summary
On May 8, 2025, our team detected a confirmed security breach involving the wallet connected to the Migration DApp. The compromised wallet executed unauthorized token transfers on both the Ethereum and BNB Smart Chain networks.
2. Transaction Details
▪️ Ethereum Transaction:
https://t.co/fmAWWAYIii
▪️ BNB Smart Chain Transaction:
https://t.co/LUi7mwmDMS
▪️ Total Tokens Transferred: 49,956,960 SCAI
▪️ Confirmed Loss: ~15,000,000 SCAI
(~35 million SCAI remain unsold in the attacker’s wallet and are illiquid due to the removal of liquidity.)
3. Cause & Ongoing Investigation
The root cause is under active investigation. Preliminary analysis indicates a likely phishing attack, potentially stemming from interaction with Alchemy’s Sepolia Faucet. This may have compromised credentials or session tokens associated with the wallet.
Our security team has initiated a comprehensive audit of related systems and infrastructure to identify and mitigate any additional vulnerabilities.
4. Immediate Mitigation Actions
To contain and neutralize the threat:
✅ Liquidity was removed from affected contracts to prevent token liquidation by the attacker.
✅ A new SCAI smart contract has been deployed across all 8 supported networks.
New Contract Address: 0x0f13fc8a93ab8edc9fde0a1e19aac693161599a5
✅ Liquidity provisioning is currently underway on all networks.
✅ Cross-chain bridge operations will resume shortly following final verification.
5. Restitution Plan
To ensure full recovery and continuity:
💠 The SCAI Team will cover the entire 15 million token loss from Team Reserves.
💠 This ensures no impact to users and no deviation from the project’s roadmap.
6. Commitment to Transparency
We take this incident with utmost seriousness. Safeguarding the community’s trust is our highest priority. We remain committed to:
Transparent communication
Strengthening security infrastructure
Long-term sustainability of the SCAI ecosystem
7. Stay Updated
We encourage all community members to stay informed through our official communication channels. Further updates and technical breakdowns will be shared as the investigation progresses.
Thank you for your continued trust and support.
— The SCAI Team