👉 Allbridge exploit has been a topic of many tweets. ❗HAPI Labs prepared a thorough and up-to-date breakdown that clearly shows the current movement of assets and where they ended up in. ☝️ With this information we contacted exchanges in question and the process of freezing CEX accounts of the perpetrator has begun. This is the first step to retrieve lost assets! 🟥Reason of the exploit was a negligence during an audit that enabled exploiter to quickly get handle on the smart contract weakness. Luckily the damage was relatively tamed. Despite an address of the perpetrator already being in the HAPI database, Allbridge integration of HAPI Protocol was only to cross chain monitor the movement across networks and not to stop it in tracks. Now that an exploit happened, HAPI will be fully integrated to PREVENT instead of just Following. 🟥This is yet another proof that Smart Contract Audits are not enough either due to negligence or simply lack of proficiency. ❗HAPI is created to be the standard of the second layer of security in DeFi