Holograph has suffered a significant security breach, with a hacker minting 1 billion $HLG tokens. Following the exploit, the attacker swapped some of the $HLG for $USDT, transferring the funds to the address acc01ade.eth. From there, 1.3 million $USDT was exchanged for over 300 $ETH, which was then distributed to four different addresses. A small portion of these funds was funneled through Tornado Cash and Railgun, known tools for obscuring transaction trails. 🚨Holograph was exploited with the hacker minting 1B $HLG. Some of the $HLG was swapped for $USDT and sent to acc01ade.eth. acc01ade.eth has swapped 1.3M $USDT for over
The post Holograph Exploited: Hacker Mints 1 Billion $HLG, Swaps For $USDT and $ETH appeared first on The Merkle News.
