Hinkal Protocol
Safe Privacy Protocol for good intentions
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Project Overview
Hinkal is a ZK-based solution that provides a private smart contract wallet experience, allowing users to participate in their favorite dApps directly from their private addresses without the need to withdraw assets for obfuscation. Hinkal enables privacy of transactions and assets across core DeFi apps and functions, including trading, farming, staking, and lending through the use of stealth addresses and with high degree of compliance.
Related news
Privacy Protocol Hinkal Pauses Affected Smart Contracts Due to Abnormal USDC Transactions on Ethereum Chain
Decentralized privacy protocol Hinkal Protocol announced that it has detected abnormal activity involving USDC on the Ethereum network within its system. Currently, only the Ethereum blockchain is affected, while other chains remain unaffected. As a precautionary measure, the affected smart contracts have been paused, and a comprehensive investigation and analysis of relevant on-chain transactions and activities is currently underway. The investigation is still ongoing, and updates will be released once information is confirmed.
CertiK: Hinkal Protocol Exploited, Approximately $800K USDC Stolen
according to CertiK's monitoring, suspicious transactions occurred in the Hinkal Protocol. An address (0xbB3...fc20) executed multiple "Transact" transactions after initiating a "Proofless Deposit," siphoning approximately $800,000 USDC from the Hinkal contract.