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Hedera Reveals Mainnet Exploit Led To Loss Of Liquidity Pools Tokens

bitcoinist.com

In a Twitter announcement, Hedera confirmed an exploit in its mainnet, leading to a loss of liquidity tokens. However, the firm noted the exploit did not impact its consensus layer.

Read in Full: bitcoinist.com
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Timeline of Hedera


Hedera Council Not Ready With Solution Yet; Hbar Price To Suffer More? - Coingape

HBAR Crypto News: Hedera aka distributed ledger technology, Hashgraph on Friday confirmed that the attackers took control and exploited their Smart Contract Service. This action led to the theft of many liquidity pool tokens.


Community Fears Exploit As Hedera Halts Wallet And App Access - Crypto Daily

The Hedera network has stopped all access to its wallet and app as it investigates technical irregularities, which could be due to a possible exploit in its smart contracts.  As a result of this action, SaucerSwap, a decentralized exchange (DEX) on the Hedera Network, has encouraged its users to withdraw their liquidity from the platform.


Hedera temporarily disables network services after exploit - Crypto news

Hedera has announced that it has turned off network proxies on its mainnet due to an exploit. Critical network services like wallets, decentralized exchanges, and others will be available again once the problem is solved.


This Hedera Network Service Is Under Attack, TVL Drops by 65% - NewsBTC

The Hedera Network services are experiencing a critical moment with an ongoing exploit that compromises the network's tokens after discovering irregularities affecting various Hedera dApps, Liquidity Pool (LP) tokens, wrapped tokens, and their users. The Hedera Foundation (HBAR) tweeted: We've noticed network irregularities that are impacting various Hedera dApps and their users.The Foundation is in communication with impacted partners.


Hedera Experienced Severe Technical Irregularities, Suspect Of Being Exploited - Coincu

Key Points: The HBAR Foundation, the non-profit organization behind the Hedera blockchain, confirmed the problem about 4 hours ago. On March 9, the HBAR Foundation issued an unexpected warning concerning an unusual circumstance impacting decentralized apps (dApps) and Hedera users.


Hedera Faces Network Issues Amid Growing Fears Of Hack; Is HBAR Price Set To Crash? - Coingape

HBAR Crypto News: What comes as a surprise to the crypto community, major DApps running on top of the Hedera (HBAR) network recently pointed out suspicious activities and have therefore halted operations. Many are speculating it to be a malicious exploit or a planned attack, rather than a technical glitch in the system.


Hedera blockchain undergoing technical irregularities, HBAR Foundation says - The Block

The HBAR Foundation, the organization working on the Hedera blockchain, said that it had noticed network irregularities affecting various Hedera decentralized applications (dApps) and their users.


HBAR investors' sentiment shifts, thanks to these factors at play - AMBCrypto

The Hedera network is still one of the layer-1 blockchains that have been rapidly gaining popularity. While this was a big factor in HBAR's bullish bounce since the start of the year, it has not been enough to prevent the loss of a third of its YTD gains.


Over 3 Billion HBAR Tokens Set To Unlock; Massive Hedera Price Drop Ahead? - Coingape

HBAR Crypto News: According to market reports, it's estimated that roughly $102 billion worth of crypto tokens are locked up, and are scheduled to be released over the coming years. Token lockup, also commonly known as “vesting period” refers to the time span in which cryptocurrencies are barred from being transferred or traded.


Hedera Records Massive Jump In TVL; Is HBAR's Price Gunning For Bull Run? - Coingape

HBAR Crypto News: Hedera, which is powered by its own proprietary Hashgraph technology, has seen a recent surge in its Total Value Locked (TVL), as it currently sits at $127 billion. The majority of this occurrence may be attributed to the increasing number of DeFi activities that are taking place on the network through DEXs such The post Hedera Records Massive Jump In TVL; Is HBAR's Price Gunning For Bull Run?

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