On July 23-25, 2022, Audius governance contracts were compromised when an attacker exploited a missing initialization guard allowing repeated invoke() calls. The attacker drained 18 million AUDIO tokens (~$6M) from the treasury and attempted to delegate 10 trillion tokens to controlled wallets.

Web3 music streaming service platform Audius community treasury was hacked, losing 18.5 million AUDIO Tokens. The hackers exchanged the funds for about 705 ETH on Uniswap. Audius officially stated that the problem has been found and is currently being repaired. All Audius smart contracts on Ethereum must be stopped, including tokens. The team believes that there is no further capital risk. Before the repair is completed, token balances, transfers, etc. will be temporarily unavailable. use.