Hedgey Protocol loses $44.7M in dual cyber attacks

Hedgey Protocol suffers $44.7M loss in dual cyber attacks. The protocol was targeted on both Arbitrum and Ethereum chains. Hedgey advises users to cancel active claims, revoking approvals amid the ongoing investigation. Hedgey Protocol, a decentralized finance (DeFi) platform, finds itself in the throes of a cyber siege after suffering a devastating attack that resulted […]
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"The only truly secure system is one that is powered off, cast in a block of concrete and sealed in a lead-lined room with armed guards." — Gene Spafford

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