Infini suffered two major security breaches, losing 49.5 million USDC, raising concerns about crypto platform vulnerabilities.
Infini reassured users of liquidity stability, but ongoing investigations fuel speculation on how hackers accessed such a large sum.
Stablecoin neobank Infini is in the spotlight following two massive thefts. In two stages—first attack with 11.4 million USDC and second attack with 38 million USDC—hackers drained a total of 49.5 million USDC from the platform.
Many, particularly considering that the attack was claimed to have resulted from a private key leak, were startled by this incidence. But Christian, the founder of Infini, underlined that the platform still has safe liquidity and refuted the private key leak.
This turned out to be a hack targeting the crypto neo-bank Infini.@Christianeth, founder of @0xinfini, assured that no private keys were leaked and that there would be no liquidity issues.
The hacker has transferred all newly purchased $ETH t