Loopring

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A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.

DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.

Ongoing projects led by Loopring:

Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.

founded 1 year ago

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All of my LRC was transferred out of my wallet without me knowing... (alien.top)

submitted 1 year ago by Im_The_Goddamn_Dumbo@alien.top to c/loopring@blockchained.world

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I logged into my MetaMask wallet about 3 months because I was going to move all my assets back to Loopring since GameStop wallet is shutting down. I checked my MetaMask wallet and all 3000 of my LRC were gone, I dig through transactions and there were four transactions made about a month ago while I was asleep. I don't know how this happened. I have my passwords and phrases memorized...I feel hurt and lost. LRC was the only crypto I owned and now it's gone too.

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[–] barefoot_au@alien.top 1 points 1 year ago (1 children)

I'm so sorry, this sounds like an exploit scam contract on metamask wallet.

Probably, first step. Send any remaining funds to safe wallet. Loopring smart wallet is extremely safe.

Just worry about funds for now, leave suss nfts and tokens alone, do not send. Only legit tokens.

Second step. Burn wallet or use revoke.cash to check signature approvals and revoke any suss approvals.

[–] Im_The_Goddamn_Dumbo@alien.top 1 points 1 year ago

When I finally was able to look at transactions on etherscan it did say this address has been reported for phishing scam then I saw it, two small test transactions, a larger one, and finally everything that remained. I didn't have any nfts in my Metamask wallet it only held some eth (which was left behind) and all my LRC.

What is burn wallet and revoke.cash?

[–] the77helios@alien.top 1 points 1 year ago

And you’ve checked that they are not on L2?

No one can do transactions using your wallet without

Getting permission from you to control of tokens
Knowing your seed phrase

As below if you approved permission, revoke it or better yet move what you have to a new fresh wallet. Did you sign any strange transactions or answer DMs before they were removed. Happy to look into it if you DM your address.

Do NOT answer DMs, and I will jot DM you first for your security