An attacker stole $5.25 million from the Hedera network by exploiting a vulnerability that allowed bridging assets to Ethereum using LayerZero technology. The stolen funds were then laundered through Tornado Cash, a privacy mixing service, making recovery difficult. This incident follows previous Hedera security issues and comes shortly after the launch of the first US spot HBAR ETF, potentially impacting investor confidence. Investigations are ongoing to identify the exact exploit used and prevent future breaches.
A suspected exploit on the Hedera network has resulted in the transfer of over $5.8 million in assets to Ethereum, according to blockchain security researchers Specter and PeckShield. The attacker used LayerZero to bridge funds and swapped Wrapped Bi...
U.S. spot altcoin ETFs saw limited overall inflows, with fresh investments focused mainly on Solana, Hyperliquid, and Hedera products, signaling selective institutional interest. Solana and Hyperliquid ETFs each recorded over $8 million in net inflow...
