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Infini hacked in $50M exploit
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Infini’s founder, Christian, admitted responsibility for the security lapse, noting that his private key was not compromised but that he had previously mishandled the transfer of authority. He emphasized that the platform remains financially stable and is actively working to track and recover the stolen funds.
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Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC
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