Hedera network suspected of being attacked, attacker has transferred over $4 million in assets

CoinFeed July 11 news, according to analyst Specter monitoring, the Hedera network is suspected of being under attack, the attacker has transferred over $3.7 million to Ethereum via a cross-chain bridge. The stolen funds were bridged from the Hedera network via LayerZero and are currently being swapped from WBTC to ETH.