Infini suffered a hacker attack, resulting in a loss of approximately 49 million USD! This new stablecoin bank and payment platform from Hong Kong was exploited by attackers who used the management permissions of the smart contract to withdraw a large amount of USDC. The funds were converted to Ethereum after being obscured through Tornado Cash. Security firms Cyvers and Blocksec have confirmed this incident. Infini stated that it is investigating and has promised to compensate users. What do you think about this kind of smart contract vulnerability? Feel free to share your thoughts in the comments! #CryptoSecurity #DeFi #Blockchain