#HackerNews Holograph, an omnichain tokenization protocol, has been exploited by malicious actors on Thursday, draining 1 billion native HLG token. The crypto fell nearly 80% in value, following the hack.

In yet another staggering hack, perpetrators mined 1 billion HLG tokens and absconded with tokens worth $14.4 million. The platform posted on X that the team has “patched the initial exploit” and is working to freeze exploiters’ accounts.