Hacken's HAI token experienced a 99% drop after a private key leak led to unauthorized minting, prompting immediate security measures and plans for token swaps.
Hacken has reported a 99% decline in its HAI token value following a private key leak that allowed unauthorized minting of HAI tokens worth $250,000. The leak occurred during architectural changes to the firm's blockchain bridge. Hacken has since revoked the compromised account and paused bridge transactions on Ethereum and BNB Chain. CEO Dyma Budorin announced that tokens bought after the hack will not be supported in new tokenomics, as Hacken aims to transform HAI into a regulated security token.