Security firm Hacken's token HAI has plummeted due to a major security vulnerability, allegedly suffering from contract manipulation

BlockBeats News, June 21st, according to a Cointelegraph report, Web3 security company Hacken's token HAI plummeted by 97.1%, currently trading at around $0.009023, with a 40.7% drop in the last 24 hours. A security monitoring agency stated that this sharp decline was suspected to be due to an exploited smart contract flaw, resulting in approximately $2.3 million in assets being irregularly transferred.

Hacken has published a statement on Platform X confirming the incident and advised holding users on the affected network to temporarily cease asset transfers and await further investigation results.