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Holograph’s Native Token Fell 80% In 9 Hours After Exploiter Mints 1B Additional HLG

BitcoinWorld LogoBitcoinWorld2w ago

Holograph’s Native Token Fell 80% In 9 Hours After Exploiter Mints 1B Additional HLG - BitcoinWorld

Quick Summary:

Blockchain tokenization platform Holograph’s native token, HLG, fell as much as 79.4% after a malicious actor hacked the protocol’s operator contract and minted 1 billion HLG tokens worth $14.4 million.

Holograph’s X account confirmed the hack on June 14.

It has received venture capital funding from the likes of Animoca Brands and Mechanism Capital.


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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-14 @ 11:18:09 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 356 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21253959

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 9 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Holograph’s Native Token Fell 80% In 9 Hours After Exploiter Mints 1B Additional HLG" has 356 words across 24 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Holograph’s Native Token Fell 80% In 9 Hours After Exploiter Mints 1B Additional HLG" was covered 2 weeks ago by BitcoinWorld, a news publisher based in India.

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BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 9 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #21253959
  • URL: https://beamstart.com/news/holographs-native-token-fell-80-17183705801874

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