On June 21, 2025, the Hacken token (HAI) experienced a dramatic drop of nearly 98% following reports of an attack on the project’s smart contracts. Peckshield specialists were the first to detect the incident, and the information was later confirmed by Hacken developers. As a result, token holders on the Ethereum and BNB Chain blockchains were affected, while HAI activity is currently only maintained on the VeChain network.
This is reported by Business • Media
Causes of the Attack and Hacken Team’s Response
Hacken’s CEO, Dmytro Budorin, stated that an investigation into the causes of the incident is ongoing. Among the main theories being considered are a hack due to vulnerabilities in the smart contracts or a possible leak of private keys. According to Budorin, the likelihood of a key leak is assessed as low, but the team has not yet reached any final conclusions.
“I will never forget this night. Yes, we faced a problem. It is painful and stressful. But we are Hacken. This is a moment of growth, and I am grateful for this challenge,” Budorin wrote.
Following the attack, bridges between networks were urgently disabled to prevent further spread of the issue. The HAI token temporarily remained active only on VeChain.
Next Steps and Plans for Hacken
At the time of preparing this material, the exact extent of the damages had not yet been determined. Hacken representatives promised users a recovery in the form of a legally structured security token, which is expected to enhance the security and transparency of the project. The team emphasized the importance of the incident as a catalyst for transforming the Hacken ecosystem.
Hacken is known in the Web3 space as a provider of security audits for DeFi, NFT, and blockchain applications. The platform conducts vulnerability assessments, runs bug bounty programs, and publishes analytical reports, while the HAI token is used for payment for services and governance of the ecosystem.
It was previously reported that the Meta Pool project successfully repelled an attack on $27 million, suffering minimal losses of about $133,000.
