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CATEGORY: hedgey finance


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

Author: Oluwapelumi Adejumo
United States
Apr 20, 2024 01:10

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

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 funds. A breakdown […]

The post Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks appeared first on CryptoSlate.

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