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Stablecoin Bank Hit by Cyberattack, Loses $49.5M to Hackers
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Stablecoin Bank Hit by Cyberattack, Loses $49.5M to Hackers

The cryptocurrency sector faced one of its most significant security breaches this year as stablecoin banking platform @0xinfini fell victim to a sophisticated cyberattack. Hackers drained 49.5 million USD Coin ($USDC) from the platform’s reserves, triggering immediate market turbulence and raising urgent questions about the security infrastructure of decentralized finance (DeFi) protocols. The stolen funds […] The post Stablecoin Bank Hit by Cyberattack, Loses $49.5M to Hackers appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.

First seen on gbhackers.com

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