Cyvers in the News

Infrastructure Protocol Hedgey Incurs $45 Million Loss in Cyberattack

The attacker managed to maneuver through Hedgey Finance’s digital defenses by executing transactions that siphoned off assets totaling around $44.5 million. ^{Cyvers, a cybersecurity firm specializing in blockchain technology, initially detected this incident.}

Hedgey Finance hacked for $44.7m on Arbitrum, Ethereum

According to alerts from security startup Cyvers, Hedgey Finance was hacked on April 19 across the Ethereum (ETH) and Arbitrutm (ARB) blockchains. ^{Cyvers reported that the first attack was deployed on ETH’s chain, and hackers stole around $1.9 million in crypto.}

Teahouse Finance is a multi-strategy DeFi platform specializing in secure and transparent asset management. Much like a hedge fund, Teahouse aims to help enterprise and individual clients grow their crypto assets through its wide range of professional strategies that align with users’ risk tolerance and investment goals.