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The Hedera Network appears to have been hacked, with the attacker cross-chain transferring $3.7 million to Ethereum

BlockBeats News, July 11th, according to on-chain sleuth Specter, Hedera Network has reportedly been targeted in a hack, with the attacker using LayerZero to cross-chain over $3.7 million from Hedera Network to Ethereum. The stolen funds are currently being swapped from WBTC to ETH.

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