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DeFi platform Hedgey Finance hit by $44 million exploit

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

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…”

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Samsung 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.
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