HAI Token Plunges by 97%, Hacken Claims Malicious Minting Attack Due to Private Key Leak

BlockBeats News, June 23rd. Ukrainian cybersecurity company Hacken announced that the HAI token recently plummeted by 97% due to a "human error" that led to the leakage of the wallet's private key that had minting permissions. The attacker illicitly minted around 900 million HAI tokens on the Ethereum and BNB blockchains, causing a market value evaporation of around $5.5 million and cashed out approximately $250,000 through a BSC DEX. Hacken stated that the deployed wallets were not affected, the relevant permissions have been revoked, and they are considering compensating holders through a token swap. (The Block)