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Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks

19/04/2024 23:30

Token infrastructure platform Hedgey Finance lost approximately $44.5 million of digital assets within two hours across Ethereum’s layer-2 network Arbitrum and Binance Smart Chain. In an April 19 statement shared with CryptoSlate, blockchain security firm Cyvers explained that a malicious attacker exploited Hedgey’s “createLockedCampaign” function using flash-loaned funds to siphon off the... source: https://cryptoslate.com/hedgey-finance-hit-by-44-5-million-crypto-theft-across-arbitrum-and-binance-networks/

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