Wednesday June 19, 2024

Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens

Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens

by Terence Zimwara June 14, 2024 1 min read

(Originally posted on : Bitcoin News )

On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with exchange partners to freeze the affected accounts. A decentralized finance researcher suspects a rogue developer orchestrated the attack. Holograph Contemplates Engaging Law Enforcement […]

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