Holograph partners with Halborn for security after attack, implementing HLG Burn Plan

From Investing.com: 2024-06-19 18:30:36

Holograph has partnered with cybersecurity firm Halborn to enhance protocol security after a recent attack resulted in the unauthorized minting of HLG tokens. Halborn will conduct audits, and a detailed report will be released by Holograph. A comprehensive HLG Burn Plan, including burning tokens from attacker accounts, has been initiated to restore supply integrity. Exchanges will also resume HLG deposits soon. The partnership will focus on strengthening omnichain protocol security.

Halborn is a respected cybersecurity company providing elite services for blockchain organizations. They offer continuous assessment and top-notch cybersecurity consulting to safeguard organizations’ crucial assets. Holograph, on the other hand, is a widely used omnichain tokenization protocol enabling asset issuers to mint cross-chain tokens efficiently. The partnership aims to reinforce protocol security and bolster the integrity of the system for all users.

Read more at Investing.com.: Holograph Announces HLG Burn Plan, Followed by Technical Partnership With Cybersecurity Specialist Halborn By Chainwire