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Home»BLOCKCHAIN NEWS»Infini Neobank is known to have been hacked for $ 49.5 million.
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Infini Neobank is known to have been hacked for $ 49.5 million.

By Crypto FlexsFebruary 24, 20252 Mins Read
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Infini Neobank is known to have been hacked for $ 49.5 million.
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Neobank Infini, centered on encryption, suffered $ 49.5 million exploitation, and theft funds were replaced by DAI and used to purchase ETH.

Certik reported on February 24 at 3:18 am and pointed out unauthorized transfer in Ethereum (ETH) Infini -related contracts. Hacker said, “0xc49b… “I gave my account a special access authority and withdrawing $ 49.5 million USD coin (USDC).

#Certikinsight 🚨

Ethereum 0x9a79f4105a050ba050b42F25351D394FA7E1DC’s non -verification agreement has seen suspicion of funding.

The receiver 0x3AC96134F0E42A52D33045AEE50B89790F05ED0 is replaced by DAI using ~ $ 49.5m.

Keep the boundary! pic.twitter.com/mvxyn4fm9o

-Certik Alert (@Certikalert) February 24, 2025

Since then, the stolen 49.5 million USDC has been exchanged for DAI (DAI) and used to purchase 17,696 ETH. Lookonchain later said that Ether Lee moved to a new wallet. “0xFCC8… 6E49 ”.

Following the hacking, Infini co -founder insisted that the company could pay compensation by guaranteeing that it would be returned to customers. The overall scope of the case and Infini’s recovery efforts have not yet been officially announced on the company’s website or social media account.

“We will definitely reward you and be sure we can handle it.

But you will no longer try to calm you because you have a lot of work to do now.

It will make progress as soon as possible.

Trust me with @christianeth. ”

@0xsexybanana, Infini Co -founder

Violations appear to be due to damaged private keys rather than the vulnerability of protocol levels, so accidents are questioned about personal key management and smart contract security.

The Infini Neobank, which began in 2024, is a connection between traditional banks and cryptocurrency finance. Neobank is a digital -only financial institution that operates without physical points, providing banking services through mobile apps.

Infini also provides stabble coin transactions and yield generation accounts in addition to traditional banking services. According to a press release on February 14, the platform has been very popular since its founding with the 500% growth rate of active users.

INFINI HACK is the latest among many famous encryption security violations. On February 21, BYBIT suffered $ 1.4 billion in exploitation, one of the biggest exchange hacking in history. The hacker manipulated the smart contract logic to release BYBIT’s Multisig Cold Wallet. The exchange is currently collaborating with blockchain security companies to recover and recover stolen assets and launch a $ 140 million bounty.

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