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
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Bitget to Adjust CFD Leverage During Special Trading Periods in the First Week of September 2026
Bitget Announcement•2026/08/28 11:30
New spot margin trading pair — DGAI/USDT!
Bitget Announcement•2026/08/26 03:56
CandyBomb x TMX: Trade to share 1,150,000 TMX
Bitget Announcement•2026/08/25 08:00
[Initial listing] Bitget to list TermMax (TMX) in the DeFi zone
Bitget Announcement•2026/08/25 02:00
Crypto prices
MoreBitcoin
BTC
$78,037.13
+0.25%
Ethereum
ETH
$2,451.94
+0.45%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$691.86
-0.21%
XRP
XRP
$1.39
-0.01%
USDC
USDC
$1.0000
-0.01%
Solana
SOL
$105.02
-0.35%
TRON
TRX
$0.3382
-0.28%
Hyperliquid
HYPE
$83.3
+1.96%
Dogecoin
DOGE
$0.08534
-0.15%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now