Security Incident · ETH Ecosystem
Hinkal Smart Contract Vulnerability: $820.00K Reported Loss
Hinkal privacy DeFi protocol's Ethereum contract was exploited.
- Reported loss
- $ 820,000
- Attack category
- Smart Contract Vulnerability
Incident Overview
The attacker used a "proofless deposit" vulnerability to drain approximately $820K USDC, then converted it to ETH and laundered via Tornado Cash and THORChain. The team paused contracts, limited the incident to one Ethereum pool, and committed to 1:1 user compensation.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.