Hedera appears to have been targeted by a hacker attack, with more than $3.7 million in assets already bridged to Ethereum

Golden Finance reported that on July 11, on-chain security analyst Specter posted that Hedera is allegedly being targeted by hackers. The attacker has already transferred more than $3.7 million in assets to the Ethereum network via a cross-chain protocol. It is understood that after the stolen funds were cross-chained from the Hedera network to Ethereum through LayerZero, the attacker is converting WBTC into ETH. As of now, the Hedera official has not yet issued any formal statement on the incident. Users should stay alert and closely monitor developments regarding asset security.
HBAR-1.06%
ETH1.58%
ZRO2.30%
WBTC0.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned