Hedera Council Not Ready With Solution Yet; Hbar Price To Suffer More?

Hedera Council Not Ready With Solution Yet; Hbar Price To Suffer More?

HBAR Crypto News: Hedera aka distributed ledger technology, Hashgraph on Friday confirmed that the attackers took control and exploited their Smart Contract Service. This action led to the theft of many liquidity pool tokens. Meanwhile, HBAR price has dropped by over 8% in the last 24 hours.

Hedera in a thread stated that attackers exploited their mainnet to shift Hedera tokens which were held by victims’ accounts. They specifically targeted accounts that were used as liquidity pools on several DEXs. This included Pangolin, SaucerSwapLabs, and HeliSwap DEX.

It added that the hackers moved stolen tokens over the Hashport Network bridge, the operators detected the activity and went to take straight actions to disable it.

The post Hedera Council Not Ready With Solution Yet; Hbar Price To Suffer More? appeared first on CoinGape.

Source: https://coingape.com/hedera-not-ready-with-solution-yet-hbar-price-to-suffer-more/