Holograph Hacked
June 14, 2024
The blockchain tokenization platform Holograph has confirmed that a hacker breached its protocol operator contract, minting 1 billion HLG tokens worth $14.4 million. As a result, its native token, HLG, plummeted by 79%. The project’s developers have since fixed the problematic code and are collaborating with crypto brokers to freeze the malicious actor’s accounts.
