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Hacken Token HAI Plummets 97% Due to Major Security Vulnerability, Suspected Contract Manipulation

Summary: According to Cointelegraph, the token HAI from Web3 security company Hacken has plummeted by 97.05%, with the current trading price at only $0.00004484, equivalent to a 96.96% drop in Bitcoin price. A security monitoring agency report suggests that this sharp decline may be related to a major security vulnerability incident. Initial investigations indicate that the ...

According to Cointelegraph, the token HAI from Web3 security company Hacken has plummeted by 97.05%, with the current trading price at only $0.00004484, equivalent to a 96.96% drop in Bitcoin price. A security monitoring agency report suggests that this sharp decline may be related to a major security vulnerability incident. Initial investigations indicate that the event may have been exploited by attackers due to a permission vulnerability, leading to the abnormal transfer of around $2.3 million in assets. Hacken has issued a statement on X platform confirming the incident and advising affected token holders on the network to temporarily halt asset transfers until the situation is clarified.

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