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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)$68,361.00-0.21%
  • ethereumEthereum(ETH)$1,980.560.59%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.470.95%
  • binancecoinBNB(BNB)$622.391.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.341.39%
  • tronTRON(TRX)$0.2843431.68%
  • dogecoinDogecoin(DOGE)$0.099941-1.84%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$68,361.00-0.21%
  • ethereumEthereum(ETH)$1,980.560.59%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.470.95%
  • binancecoinBNB(BNB)$622.391.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.341.39%
  • tronTRON(TRX)$0.2843431.68%
  • dogecoinDogecoin(DOGE)$0.099941-1.84%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%