Security company Hacken token HAI drops 97% due to major security vulnerability, suspected to be subject to contract manipulation

Odaily Planet Daily News: According to Cointelegraph, the HAI token of Web3 security company Hacken has plummeted 97.05%, with the current trading price at only $0.00004484, equivalent to a 96.96% drop in Bitcoin price. According to security monitoring agencies, this sharp decline may be related to a major security vulnerability incident. Preliminary investigation shows that the incident may have been exploited by attackers due to permission vulnerabilities, resulting in the abnormal transfer of approximately $2.3 million in assets through contract manipulation. Hacken has confirmed the incident on X platform and advised token holders of affected networks to temporarily suspend asset transfers until the situation becomes clear.