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Infini loses $50M in exploit, developer deception suspected

February 24, 2025 by DIGIT
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A rogue developer who allegedly retained admin rights after project delivery is the prime suspect in the theft of $50 million in USDC from the crypto payments firm.

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  • bitcoinBitcoin(BTC)$89,700.00-2.90%
  • ethereumEthereum(ETH)$3,039.28-4.23%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.04-2.61%
  • binancecoinBNB(BNB)$886.94-1.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.78-3.72%
  • tronTRON(TRX)$0.286363-0.52%
  • staked-etherLido Staked Ether(STETH)$3,035.72-4.27%
  • dogecoinDogecoin(DOGE)$0.140098-4.96%
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  • bitcoinBitcoin(BTC)$89,700.00-2.90%
  • ethereumEthereum(ETH)$3,039.28-4.23%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.04-2.61%
  • binancecoinBNB(BNB)$886.94-1.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.78-3.72%
  • tronTRON(TRX)$0.286363-0.52%
  • staked-etherLido Staked Ether(STETH)$3,035.72-4.27%
  • dogecoinDogecoin(DOGE)$0.140098-4.96%