Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited
February 25, 2025
Hackers exploited the Infi Project, a Hong Kong stablecoin neobank, stealing $4.9M USDC via admin privileges. This follows a $1.46B Bybit hack tied to Lazarus Group, raising concerns over crypto security. Despite the breach, Infini Project assured users that transactions remain operational.
Infini: Runway Still Solid
The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers…