NIGHT Whipsaws After Wanchain Bridge Drain Dumps 290M Tokens
Hoskinson blamed legacy third-party bridge architecture and pitched ZK proofs as the long-term fix.
Hedera (HBAR) is currently trading at $0.070754, with a market capitalization of $3.10 billion, ranking #29 among all cryptocurrencies. Over the past 24 hours, Hedera is up 3.63%, trading between a low of $0.068247 and a high of $0.071751, with $72.97 million in trading volume. Hedera's all-time high was $0.569229, reached on September 15, 2021. Its all-time low was $0.009861 on January 2, 2020. Looking at broader trends, HBAR has gained 4.95% over the past 7 days and is down 11.84% over the past 30 days. There are currently 43.79 billion HBAR in circulation out of a maximum supply of 50.00 billion.
Hoskinson blamed legacy third-party bridge architecture and pitched ZK proofs as the long-term fix.
Users who signed 5+ native Zilliqa transactions on Ledger are considered compromised as a coordinated fix is prepared.
CoinGecko volume snapshots show a sharp year-over-year liquidity contraction across five won-based venues.
Recovery and migration tools are now targeted for August, and no reimbursement plan has been announced.
The chain used unknown flaws and stolen passwords, sharpening focus on off-chain crypto attack paths.
On-chain data shows about 438.7M HYPE staked and derivatives open interest above $11B over the last 24 hours.