Exploit: Hegic(old contract) ($80K)
An old Hegic contract was linked to a withdrawal logic flaw on Ethereum. One report described $80K lost in the incident, while another framed the issue as a withdrawal logic flaw involving Hegic’s old contract.
What this rests on
What it means
Each sentence links inside to the piece that supports it.
Users and operators watching Hegic’s older contract would notice that the contract is still being described in connection with a withdrawal logic flaw on Ethereum. The immediate concern is not a new feature or market move, but a contract-level issue that appears in incident reporting about that specific deployment.
In practice, this changes the focus from general protocol activity to the old contract’s withdrawal path. Anything that depended on that contract’s withdrawal logic would be viewed differently than before, while the chain itself remains Ethereum and the contract reference remains the old Hegic deployment. (per thecryptoguardian.com)
Market reaction
We track HEGIC, but we only have 0 price points in that window. The series is stored every half hour, so newer events will have it. Computing it from two points would not be a reaction, it would be a coincidence.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 1.6 years ago | Hegic(old contract) · Withdrawal Logic Flaw incident | $80k |
| 1.9 years ago | Matez incident | $80k |
| 2.3 years ago | Linking The World (LW) incident | $80k |
| 3.3 years ago | WGPT incident | $80k |
| 3.6 years ago | - DKP incident | $80k |
4197 incidents stored · 1685 were as large as this one or larger ($80k)