• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
What's Hot

Key Innovations, Challenges, and What Comes Next

2025-05-27

Trader loses $2.5M USDT after falling for address poisoning scam twice

2025-05-26

What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

2025-05-26
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
Twitter Instagram YouTube
Crypto Semantic
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of January 28

    2025-02-03

    Op-Ed: The Artist and the Artificial Sublime

    2025-01-20

    Zora launches onchain NFT secondary markets with Uniswap

    2024-08-12

    NFT sales surge led by DMarket on Ethereum

    2024-08-12

    Top NFT Collections by Sales This Week: DMarket Surges Ahead

    2024-08-11
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Analyst Says Momentum Is Going To Switch to Ethereum, Predicts Capital Rotation to Altcoins

    2024-02-20

    Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

    2024-02-19

    Arweave’s AR token hits 18-month high amid rapid growth and innovation

    2024-02-19

    Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

    2024-02-19

    NEAR Skyrockets 30% – Investors Intrigued By These Metrics

    2024-02-19
  • Learn

    Key Innovations, Challenges, and What Comes Next

    2025-05-27

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    2025-05-26

    Types, Use Cases and Why They Matter

    2025-05-24

    What’s the Real Difference for Beginners?

    2025-05-24

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    2025-05-23
  • Market Cap
  • Shop
Crypto Semantic
Home»Scams»Hackers Exploit Ethereum (ETH) Rival, Normal Activity Paused To Prevent Theft of More Tokens
Hackers Exploit Ethereum (ETH) Rival, Normal Activity Paused To Prevent Theft of More Tokens
Scams

Hackers Exploit Ethereum (ETH) Rival, Normal Activity Paused To Prevent Theft of More Tokens

2023-03-11Updated:2023-03-11No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Layer-1 blockchain Hedera (HBAR) needed to pause regular exercise this week attributable to a hack on its good contract service code.

The Ethereum (ETH) competitor acknowledged the exploit in a tweet on Thursday.

“At the moment, attackers exploited the Good Contract Service code of the Hedera mainnet to switch Hedera Token Service tokens held by victims’ accounts to their very own account.

The attacker focused accounts used as liquidity swimming pools on a number of DEXs that use Uniswap v2-derived contract code ported over to make use of the Hedera Token Service, together with Pangolin Hedera, SaucerSwap Labs and HeliSwap DEX. 

When the attackers moved tokens obtained via these assaults over the Hashport Community bridge, the bridge operators detected the exercise and took swift motion to disable it.”

Hedera says it turned off mainnet proxies to take away the hacker’s entry to the mainnet and forestall them from stealing extra tokens.

On Friday night, Hedera’s chief advertising and marketing officer Christain Hasker introduced Hedera was again on-line.

Aaaaaand we’re again! https://t.co/sUahtuSoA4 – thanks all a lot @hedera group. Weblog publish incoming.

— Christian Hasker (@chasker) March 11, 2023

Complete worth locked (TVL) on Hedera plummeted from round $36.81 million previous to the hack to $24.57 million on Friday afternoon, a greater than 33% lower, in line with Defi Llama.

The TVL of a blockchain represents the full capital held inside its good contracts. TVL is calculated by multiplying the quantity of collateral locked into the community by the present worth of the property.

HBAR, Hedera’s native asset, is buying and selling round $0.0594 at time of writing, which is roughly equal to what it was priced at previous to the exploit.

See also  Ethereum Price Takes a Bit Hit: Main Reasons $1,720 or $1,650 Are Likely Targets

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Verify Value Motion

Observe us on Twitter, Fb and Telegram

Surf The Day by day Hodl Combine

Generated Picture: Midjourney



Source link

activity ETH Ethereum Exploit Hackers Normal Paused prevent Rival theft Tokens
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trader loses $2.5M USDT after falling for address poisoning scam twice

2025-05-26

Creator of over 100 memecoins says rug pulls are the ‘easiest way to make money’

2025-05-18

Jan 2024 SEC’s X account hacker got 14 months in prison for cyber fraud

2025-05-17

How an insider-led breach sparked a costly scam at Coinbase

2025-05-15
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

OpenSea Pro Launches Cross-Chain Trading On Polygon & Ethereum

2023-11-03

On November 2, OpenSea Professional introduced that it’s reside on Polygon. The NFT aggregator enabled…

Altcoins

Polygon: Short-term investors outperform long-term holders, here’s how

2023-02-18

Disclaimer: The knowledge offered doesn’t represent monetary, funding, buying and selling, or different forms of…

Regulation

Federal Prosecutors Probing Former FTX Executive and Girlfriend for Potential Campaign-Finance Violations: Report

2023-07-11

Former congressional candidate Michelle Bond and her boyfriend, former FTX govt Ryan Salame, are below…

Subscribe to Updates

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Twitter Instagram
Popular Post

Will the CFTC Blot Out DeFi in the U.S.?

2023-09-11

Anthony Pompliano Says Bitcoin Bull Market Has Begun With Major Frontrunning of Fed Rate Cuts and ETF Approval

2023-12-15

Flamingo Finance launches monthly community Zealy campaigns with $1,000 rewards

2023-12-04

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
© 2025 cryptosemantic.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$105,750.00-2.19%
  • ethereumEthereum(ETH)$2,602.29-4.12%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.19-4.24%
  • binancecoinBNB(BNB)$670.98-2.68%
  • solanaSolana(SOL)$163.60-5.46%
  • usd-coinUSDC(USDC)$1.000.00%
bitcoin
Bitcoin (BTC) $ 105,431.25
ethereum
Ethereum (ETH) $ 2,592.85
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 670.51
solana
Solana (SOL) $ 163.24
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.207212
tron
TRON (TRX) $ 0.272823
cardano
Cardano (ADA) $ 0.706836