DeFi platform Hedgey Finance hit by $44 million exploit

Business News News

DeFi platform Hedgey Finance hit by $44 million exploit
Business Business Latest News,Business Business Headlines

Over $500 million worth of digital assets were lost to hacks and exploits in Q1 2024.

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Hedgey Finance, a token infrastructure platform, has suffered two parallel exploits amounting to a total of $44.7 million worth of lost funds.

“We're investigating an attack on the Hedgey Token Claim Contract. If you have created active claims, please cancel them using the “End Token Claim" button…”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in BUSİNESS
 

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung is doubling its semiconductor investment in Texas to $44 billionSamsung is doubling its semiconductor investment in Texas to $44 billionLawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
Read more »



Render Time: 2025-01-12 02:13:54