![Hedgey Finance Loses $45M in Cross-Network Cyber Heist](/content/images/size/w600/2024/04/061e3000-8f79-429a-b343-8978d8ab1d38.png)
Technology
Hedgey Finance Loses $45M in Cross-Network Cyber Heist
Hedgey Finance, a decentralized finance (DeFi) platform specializing in token infrastructure, has suffered a significant security breach across multiple blockchains, resulting in an estimated total loss of $44.7 million. The attackers exploited a vulnerability in the platform's 'createLockedCampaign' function, which enabled them to authorize large