The Hedera Network appears to have been hacked, with the attacker cross-chain transferring $3.7 million to Ethereum

BlockBeatsJul 11, 2026
#DeFi HBAR-3.61%ETH+0.26%ZRO+1.20%
July 11th, according to on-chain sleuth Specter, Hedera Network has reportedly been targeted in a hack, with the attacker using LayerZero to cross-chain over $3.7 million from Hedera Network to Ethereum.

The stolen funds are currently being swapped from $WBTC to ETH.

[BlockBeats]

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The Hedera Network appears to have been hacked, with the attacker cross-chain transferring $3.7 million to Ethereum

BlockBeatsJul 11, 2026
#DeFi HBAR-3.61%ETH+0.26%ZRO+1.20%
July 11th, according to on-chain sleuth Specter, Hedera Network has reportedly been targeted in a hack, with the attacker using LayerZero to cross-chain over $3.7 million from Hedera Network to Ethereum.

The stolen funds are currently being swapped from WBTC to ETH.

[BlockBeats]

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