Hackers Crack into Cashio [$52 Million]
Cashio is a stablecoin project from the Solana blockchain that issues the token CASH. A hacker used what’s known as an “infinite mint” exploit, which took advantage of a vulnerability inside of the project’s tech. The cybercriminal ultimately made off with $52 million in CASH, which sent the value of the token plummeting till it reached $0.00005. The hacker later claimed he would give the money to charity, but investors would probably have preferred to have the money back themselves.
