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DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains

  • Decentralized finance (DeFi) platform Hedgey Finance has been hacked, resulting in a loss of at least $1.9 million.
  • The attackers converted the stolen funds into the stablecoin Dai (DAI) and transferred them to an external address.
  • Hedgey Finance advises users to cancel active claims related to the Hedgey Token Claim Contract.
  • Estimates suggest that the total loss suffered by Hedgey Finance could be over $44 million.

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