Hacken's $HAI Token Crashes 98% After Major Key Leak

- Security breach causes $HAI token crash. - Hacken's token drop impacts market capitalization. On June 22, 2025, Ukrainian cybersecurity firm Hacken suffered a private key leak. The Block reported on June 22 that this leak was caused by "human error," which then allowed the unauthorized minting of nearly 900 million native $HAI tokens. As a result, the token's value plummeted by approximately 98%. This incident significantly decreased $HAI's market capitalization, causing it to drop from about $12.7 million to around $7.2 million. Hacken is actively investigating the breach and is also considering a token swap to compensate affected holders. Dyma Budorin, co-founder and CEO of Hacken, acknowledged responsibility for the incident, citing a delay in implementing a multisig bridge infrastructure as a contributing factor. Despite the severity of the breach, Hacken managed to revoke control from the compromised minter accounts because the deployer wallet remained unaffected. According to CoinMarketCap, as of 12:00 UTC on June 22, $HAI was trading at $0.008. The token's 24-hour trading volume also showed an increase of 1,342.9%.