What we know about the $49.5 million Infini exploit so far
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Infini neobank hacked for $49.5M USDC, swapped for 17,696 ETH. The attacker exploited retained admin privileges in Infini’s smart contract. Infini’s founder has promised full compensation, citing negligence in authority transfer. On February 24, 2025, Infini, a Hong Kong-based stablecoin neobank blending cryptocurrency and traditional finance, experienced a devastating security breach, resulting in the loss […] The post What we know about the $49.5 million Infini exploit so far appeared first on CoinJournal.
https://coinjournal.net/news/what-we-know-about-the-49-5-million-infini-exploit-so-far/

Infini neobank hacked for $49.5M USDC, swapped for 17,696 ETH. The attacker exploited retained admin privileges in Infini’s smart contract. Infini’s founder has promised full compensation, citing negligence in authority transfer. On February 24, 2025, Infini, a Hong Kong-based stablecoin neobank blending cryptocurrency and traditional finance, experienced a devastating security breach, resulting in the loss […] The post What we know about the $49.5 million Infini exploit so far appeared first on CoinJournal.
https://coinjournal.net/news/what-we-know-about-the-49-5-million-infini-exploit-so-far/