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Huma Finance loses $101K in Polygon exploit on same day as Ink breach


Huma Finance loses $101K in Polygon exploit on same day as Ink breach

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On May 11 Huma Finance's deprecated V1 smart contracts on Polygon were exploited for $101,400 in USDC, a DeFi security incident affecting legacy contracts. The team says its V2 system on Solana is secure, but the exploit highlights risks around contract deprecation, cross-chain exposure and potential reputational impact for the crypto protocol.

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Huma Finance's deprecated V1 contracts on Polygon were exploited for $101,400 in USDC on May 11. The company says its V2 system on Solana are safe.
Read the article at CryptoPolitan

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In This News

Coins

$ 0.99974

0%

$ 78.08

+1.38%

Predictions Markets

See what traders are focused on

View analytics →
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