Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks
Hedgey confirmed that it was investigating an exploit on its platform.
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This is the second attack on the FixedFloat platform in two months, after losing over $26 million previously.
Crypto security firm CertiK reported a surge in stolen funds recovery during the previous month.
Malicious players are trying to take advantage of the situation by spreading phishing links.
The gaming platform had unknowingly hired a North Korean hacker as one of its core developers.
The exploit may have been conducted by a white hat hacker who is currently in touch with the Super Sushi Samurai team.
Elliptic said Lazarus Group's return to Tornado Cash reflects the authorities' inability to curb the mixer's operations effectively due to its decentralized nature.