Hedgey Finance hackers convert stolen funds into ETH
According to PeckShield monitoring, Hedgey Finance hacker (0xded...dda2) stole approximately $2 million worth of USDC and NOBL on Ethereum. They exchanged the stolen funds for approximately 635 ETH and laundered it through Tornado cash. In addition, they transferred 0.87 ETH to another Hedgey Finance hacker (0xc724...8c5b), who stole approximately $40 million worth of bonuses on Arbitrum.
Cyvers: Hedgey suffered the same vulnerability on Arbitrum and lost about $42.8 million
Cyvers Alerts on X platform stated that the system detected that the financial derivative agreement Hedgey Finance executed the same vulnerability on the ARB chain and gained approximately 42.8 million US dollars in profit.
CertiK: Hedgey vulnerability was exploited and $1.9 million was stolen
CertiK Alert posted on social media that it has detected that the on-chain token infrastructure protocol Hedgey has been exploited and stolen approximately 1.9 million US dollars.The attacker abused the createLockedCampaign function in flash loans to obtain approval for the use of tokens on the victim's contract. The USDC, NOBL, and MASA tokens in the victim's contract have been depleted.
