Infini Offers 20% Reward for Return of $49.5 Million Stolen Funds

Infini, a prepaid payments card issuer, reported a loss of nearly all value in its wallets due to a hacking incident. Key details include:

• The attacker drained $49.5 million from Infini's wallets.
• This occurred shortly after Infini announced reaching $50 million in total value locked.
• Bybit recently experienced a significant exploit, resulting in a theft of nearly $1.5 billion.
• Infini warned the hacker it had collected critical IP and device information.
• Infini offered 20% of the stolen assets for their return, with a 48-hour timeframe for resolution.
• The hack exploited retained admin rights by a developer who set up the smart contract.
• The founder, Christian Li, committed to covering the full loss from personal funds.