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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.

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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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NOTE: This video description contains affiliate links. If you purchase a product through one of these links, I will receive a commission (at no additional cost to you). Thank you for supporting my channel!

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!

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