Infini loses $50M in exploit; developer deception suspected
A rogue developer who retained admin rights after project delivery is the prime suspect in the theft of $50 million in USDC from the crypto payments firm.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A rogue developer who retained admin rights after project delivery is the prime suspect in the theft of $50 million in USDC from the crypto payments firm.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Core Discloses Bugs That Could Freeze Mining Nodes
Bitcoin Core, the open-source software that runs Bitcoin nodes, disclosed three security bugs on Nov. 10, fixed more than a year e...
South Korea Gives Crypto Exchanges Power to Freeze Withdrawals on Suspected Hacks
Key Takeaways: South Korea could temporarily restrict crypto exchange withdrawals during hacks. FSC desires 24/7 monitoring and in...
Bitcoin Core Discloses Tor and Mining Bugs: Who Was Affected and What Was Fixed?
Bitcoin Core developers have disclosed three previously patched security flaws, including a Tor-related permissions mistake that a...
Santiment ranks Dash, Chainlink and HOPR as top privacy projects by development activity
The ranking highlights a shift towards integrating privacy features into broader crypto infrastructure, indicating evolving priori...
Former Ethereum Core Dev Greg Markou Defends Developers Over Stalled Gas Repricing
Greg Markou, a former Ethereum core developer, defended the engineers who build Ethereum’s protocol as Glamsterdam, its next upgra...
Bitcoin Core Discloses High-Severity Security Bug That Could Halt Mining Nodes
Bitcoin Core disclosed three security vulnerabilities on Nov. 10, 2026, including a high-severity defect capable of disrupting min...