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Hinkal Confirms 797,000 USDC Stolen From Ethereum Contract, Swapped for 454 ETH

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2026-07-04 10:47:01
Hinkal said an attacker extracted approximately 797,000 USDC from its Ethereum contract and swapped the funds for about 454 ETH. According to NS3.AI, the incident is limited to the affected Ethereum fund pools, while contracts on other chains remain unaffected.

Hinkal said it has temporarily suspended all contracts to implement fixes and conduct security verification.
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