Infini loses $50M in exploit; developer deception suspected

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Infini loses $50M in exploit; developer deception suspected

A rogue developer who retained admin rights after project delivery is the prime suspect in the theft of $50 million in USDC from the crypto payments firm.



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Infini loses $50M in exploit; developer deception suspected


Infini loses $50M in exploit; developer deception suspected

A rogue developer who retained admin rights after project delivery is the prime suspect in the theft of $50 million in USDC from the crypto payments firm.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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