AiCoin|Jul 04, 2026 10:27
[Hinkal Suffers Attack Losing 797,000 USDC, Will Fully Compensate User Funds]
Hinkal confirmed that the attacker extracted approximately 797,000 USDC from the Ethereum contract and converted it into about 454 ETH. Of this, around 410 ETH was transferred to Tornado Cash, and approximately 44.67 ETH was transferred to the Bitcoin network via THORChain. Hinkal has suspended all contracts and pledged to fully compensate affected users on a 1:1 basis.
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