Stablecoin Infini bank hacked with 49.5m USDC stolen. Attacker converted funds to DAI and bought ETH. More details pending.
Stablecoin Infini bank has been targeted in a cyber attack resulting in the theft of 49.5 million USDC. Blockchain transactions reveal that the attacker converted the stolen amount to 49.5 million DAI and then used it to purchase 17,696 Ethereum (ETH). Subsequently, this Ethereum amount was transferred to a new wallet. Further details about the attack method and the attacker’s identity have not been disclosed yet.
