đThe full-chain NFT protocol Holograph has encountered a security storm! The former contractor exploited a vulnerability and minted an additional 1 billion HLG tokens, causing the protocol to be temporarily locked. đ±But don't worry, the Holograph team is already in action, developing strategies to mitigate the impact of the vulnerability, and working with security experts to prevent similar incidents from happening again.
đThe attacker's accounts on exchanges such as Bybit, Gate, KuCoin, Bitget and Backpack have been frozen, of which at least 200 million additional HLG have been frozen. At the same time, the relevant exchanges have suspended all HLG deposits and withdrawals.
đNext, Holograph will conduct a third-party audit of the protocol and continue to promote full-chain tokenization infrastructure and applications. The team has patched the initial vulnerability and is working with various trading platform partners to lock down malicious accounts. At the same time, an investigation has been launched and law enforcement is being contacted.
đAlthough this incident is distressing, our optimism about Bitcoin remains unchanged! Let us look forward to Holograph's successful resolution of this crisis and continued to shine in the blockchain industry! đȘ