Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Holograph: A former contractor maliciously issued 1 billion HLGs, of which at least 200 million have been frozen

Holograph: A former contractor maliciously issued 1 billion HLGs, of which at least 200 million have been frozen

Odaily-Newsflash2024/06/15 02:51
By:Odaily-Newsflash
Odaily News Holograph, a full-chain NFT protocol, released an update on the security incident on X: A former contractor exploited a vulnerability to mint an additional 1 billion HLG tokens on Mantle, causing the protocol to be temporarily locked. The team is developing strategies to mitigate the impact of the vulnerability and working with security experts to prevent similar incidents from happening again. The attackers exchange accounts on Bybit, Gate, KuCoin, Bitget, and Backpack have been frozen, and at least 200 million of the 1 billion additional HLGs have been frozen. At the same time, the relevant exchanges have suspended all HLG deposits and withdrawals. Next, the official will conduct a third-party audit of the protocol and continue to promote the full-chain tokenization infrastructure and applications. Yesterday, the full-chain NFT protocol Holograph issued a statement on X that the Holograph contract has been exploited by malicious actors, and hackers can illegally mint an additional 1 billion HLG tokens. The team has patched the initial vulnerability and is working with various trading platform partners to lock malicious accounts. At the same time, an investigation has been launched and law enforcement agencies are being contacted.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Robert Kiyosaki Backs Saylor’s $13M Bitcoin Prediction

Famous author and financial expert Robert Kiyosaki recently shared some exciting thoughts about Bitcoin

Altcoinbuzz2024/11/21 15:33

Messari Unveils The Solana Portal

Messari has just opened the doors to The Solana Portal, a new platform designed to make it easy to track everything happening on the Solana blockchain

Altcoinbuzz2024/11/21 15:33