HECO launched its first business and refunded over $ 5 million in cash at the DDEX security event.
From July 1 to 2, the HECO XDX Swap (DDEX) ecosystem chain project was attacked by hackers and more than $ 5 million of various digital assets in its fund were stolen. Project DDEX party and the HECO White Hat Security Alliance claimed the attack was caused by a flaw in the project's smart contracts, which the attacker was using to steal users' personal property kept in a pond. Since then, with the support and cooperation of the DDEX project team, Star Labs and the HECO White Hat Security Alliance, most of the campaign's proceeds have been clawed once again, bringing the total costs to over $ 5 million. Conflict. Recently, the HECO Nodes Governance Committee announced “Regulatory Approval for Return of DDEX Products and Consumer Returns” following the application for the DDEX project. As a result, more than half of the node board voted in favor of this proposal. . Now, some of the valuables recovered in this attack have been returned to the affected users in the chain.
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