Hinkal Privacy Protocol Suffers 800,000 USDC Theft on July 3

According to CertiK Alert, the decentralized privacy protocol Hinkal fell victim to a theft on July 3, with approximately 800,000 USDC stolen from its smart contract. An EOA address (0xbB3f01a1b1C68F3DEB36C55342b5F5706c32fc20) executed multiple suspicious transactions following a "Proofless Deposit" operation, draining the funds through a series of "Transact" calls.
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