Hacker Mints 19 Million THEO Tokens, Cashes Out $1.76M in ETH as THEO Plunges 92% in 24 Hours

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Odaily News: A hacker minted 19 million THEO tokens on the Base chain, then swapped them for 700.8 ETH, worth approximately $1.76 million, and transferred the ETH to the Ethereum mainnet via a cross-chain bridge. Following the incident, the THEO token has dropped 92% over the past 24 hours.

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