Hacken Token Drops 98% as Peckshield Suspects Hack
On June 20, the Hacken Token (HAI) crashed drastically, nearly 98% in minutes, after blockchain security firm Peckshield flagged a believed hack, triggering panic selling. It seems $HAI is hacked, resulting in rate crash. Attackers might have drained liquidity or controlled contracts, though the precise exploit approach remains undisclosed. The post Hacken Token Drops 98% as Peckshield Suspects Hack appeared first on NameCoinNews.
On June 20, the Hacken Token (HAI) crashed significantly, nearly 98% in minutes, after blockchain security firm Peckshield flagged a believed hack, setting off panic selling. It provides services like smart contract audits, bug bounty programs, and security tools to secure crypto projects from hacks and scams. He advised crypto companies to adopt a multi-layered security strategy, comparable to standard finance, consisting of supply-chain audits, operational security protocols, and blockchain-specific risk assessments.
On June 20, the Hacken Token (HAI) crashed significantly, almost 98% in minutes, after blockchain security firm Peckshield flagged a presumed hack, activating panic selling. It supplies services like smart contract audits, bug bounty programs, and security tools to secure crypto projects from hacks and scams. In April, Hacken CEO Dyma Budorin criticized the industry’s reliance on shallow security measures like bug bounties and penetration tests, calling them inadequate against sophisticated attacks. He urged crypto firms to embrace a multi-layered security technique, comparable to traditional financing, consisting of supply-chain audits, operational security procedures, and blockchain-specific risk assessments.
