Hedgey Finance Loses $44 Million to Exploit

Token infrastructure platform Hedgey Finance has experienced two concurrent Defi exploit, resulting in the loss of funds totaling $44.7 million. A breach on the Arbitrum network affecting Hedgey compromised more than $42.8 million worth of Arbitrum (ARB) tokens, according to an April 19 X post by on-chain security firm Cyvers. An adversary has reportedly transferred […]
