Holograph: More than 51.53 million HLG destroyed again, nearly 740 million HLG still to be destroyed

ChainCatcher news, Holograph stated on social media that approximately 51,530,079 HLG were burned about 4 hours ago.

Previously, the Holograph protocol suffered an illegal attack on June 13, where malicious attackers increased the total supply of HLG. The attackers transferred 1 billion HLG to various CEXs and began to sell off. After reporting the situation to the exchanges, approximately 200 million HLG were successfully frozen and are currently being recovered through legal procedures.

Currently, the remaining circulating supply of HLG is about 800 million. After extensive discussions with the community, a plan to restore the total supply of HLG to 10 billion has been initiated, with 738,419,187 HLG still pending destruction.