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Infini Faces $50M Hack—How a Developer Allegedly Pulled Off the Attack ETHUSDCDAIETHUSDCDAIUSDCDAIDAIUSDCDAIDAIUSDCDEFI by crypto-economy.com
TL;DR Infini was hacked for $50 million by a developer who retained administrative privileges post-project completion, raising serious security concerns in the DeFi ecosystem. The attacker used 1 ETH from Tornado Cash to fund the hack, transferred $49.52 million worth of USDC through a custom contract, and swapped it for DAI to avoid detection. Despite ... Read more
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% MC $2.74T -0.91% BTC $83,964 -0.78% ETH $1595.2 -1.65% USDT $1.00 0.01% XRP $2.10 -1.84% BNB $581.99 -0.72% SOL $126.84 -2.03% USDC $1.000 0.00% TRX $0.251 -0.62% DOGE $0.155 -2.41% ADA $0.612 -3.54% STETH $1594.3 -1.49% WBTC $83,984 -0.66% LEO $9.36 -0.54% AVAX $19.21 -4.87% LINK $12.30 -2.60% XLM $0.238 -1.69% USDS $1.00 0.03% TON $2.87 -0.32%
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