DeFi platform Hedgey Finance hit by $44 million exploit Hedge | DeFi & Ethereum News
DeFi platform Hedgey Finance hit by $44 million exploit
Hedgey Finance, a token infrastructure platform, has suffered two parallel exploits amounting to a total of $44.7 million worth of lost funds. Hedgey suffered an exploit worth over $42.8 million Arbitrum (ARB) tokens on the Arbitrum network, according to an April 19 X post by on-chain security firm Cyvers. The attacker has already deposited part of the funds to the Bybit cryptocurrency exchange.
