hinkal

$HINKAL JUST LOST $800,000 TO A CONTRACT EXPLOIT 🚨

A suspicious address executed multiple "Transact" transactions after initiating a Proofless Deposit, draining roughly $800k USDC from the Hinkal Protocol contract. This is a classic smart contract exploit targeting the deposit flow — exactly the kind of vulnerability that leads to rapid liquidity sweeps on protocols.

The address used a gap in the Proofless Deposit mechanism to bypass standard checks. These events often trigger panic selling or withdrawal cascades on associated tokens. Are you holding any exposure to Hinkal or its ecosystem?

Not financial advice. Always manage your risk.

#HINKAL #Exploit #DeFi #Security #CryptoSecurity

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🚨 Security Alert: A suspicious transaction occurred under the privacy agreement for Hinkal, and approximately $800,000 USDC was stolen. Please stay vigilant and take care of your assets.

#Hinkal #USDC