Global Stock News

After Bybit, Hackers steal $49M from Infini Crypto Fintech

After Bybit, Hackers steal $49M from Infini Crypto Fintech

Another big crypto hack has rocked the industry. Infini, a crypto fintech company, lost $49 million in USDC, and the twist? The hacker was one of their own developers.

Blockchain security firm Cyvers revealed that the developer had secretly kept admin access to the project even after completing it. For over 100 days, there was no sign of trouble, but then out of nowhere, they funded their wallet through Tornado Cash, a crypto mixer often associated with suspicious activities. 

Source link

Share this article

Scroll to Top