Infini Faces $50M Hack—How a Developer Allegedly Pulled Off the Attack

TL;DR Infini was hacked for $50 million by a developer who retained administrative privileges post-project completion, raising serious security concerns in the DeFi ecosystem. The attacker used 1 ETH from Tornado Cash to fund the hack, transferred $49.52 million worth of USDC through a custom contract, and swapped it for DAI to avoid detection. Despite ... source: https://crypto-economy.com/infini-faces-50m-hack-how-a-developer-allegedly-pulled-off-the-attack/