Hacker minted an additional 19 million THEO tokens, cashing out $1.76 million in ETH; THEO dropped 92% in 24 hours

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