Should HBAR Holders Be Worried? | Analysis Of The HEDERA Exploit
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Hedera Network Attack Explained | Is The $HBAR Crypto Token Safe?
To cover what happened with the Hedera incident, a hacker was able to steal about $600,000 worth of assets from the network. To be more specific, the attack was targeted toward wallets that were providing liquidity on certain DEX platforms, including Pangolin, SaucerSwap and HeliSwap. Now what made this attack possible was a vulnerability in the contract code used by these exchanges.
If you have any questions just comment below and I'll be sure to get back to you.
Network Attack Report ► https://hedera.com/blog/analysis-remediation-of-the-precompile-attack-on-the-hedera-network
Hedera Website ► https://hedera.com/
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📚 CHAPTERS:
0:00 - Intro: Welcome To FIRE HUSTLE! 🔥
0:38 - Hedera Under Attack!
1:56 - Is Hedera Still Safe?!
3:30 - Where I get ALL my DeFi News in ONE PLACE
4:56 - HBAR Price Drop
5:37 - HBAR TVL Drop
6:12 - Should I Be Worried?
7:32 - Some Accomplishments
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TOPICS: is hedera still safe, will hbar survive, should hbar holders be worried, why was hedera hacked, hedera exploit explained, altcoins to look out for in 2023, what is the best altcoin to buy, stable income from defi in 2023, best crypto platforms in 2023, what is crypto, crypto updates, defi news, crypto hacks, keep your crypto safe
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DISCLAIMER: All of the information presented is strictly for educational and entertainment purposes, nothing should be taken as legal or financial advice. The video content represents the opinions and experiences of the speaker (Summer). Investments in both crypto-related and real world assets pose a certain degree of risk and this content will never suggest or recommend any type of investments. Please do you own research and asses your personal situation before making any financial decisions.
Stay safe everyone!