On-chain security platform Cyvers Alerts has detected that suspicious addresses have received over $85 million from the HECO chain bridge, which suggest an exploit maybe underway.
HECO chain has reportedly suffered from an over $85 million exploit. Details are still emerging.
In 2022, Justin Sun merged the TRON and BitTorrent bridge ecosystem with HECO. Lately, Justin Sun’s various projects have suffered from hacks.
For example, earlier this month, BeInCrypto reported that the Poloniex exchange suffered from a $117 million hack. Prior to that, the HTX exchange was a victim of an $8 million hack.
This is a developing story.
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