Garden HTLC Exploit Steals $450K USDT Across Ethereum Base Arbitrum and BNB Chain

Garden's HTLC protocol suffered a security breach resulting in $450,000 USDT theft across four chains. The project has halted operations and initiated an investigation into the incident.

Woofun AI reports that Garden’s Hashed Time-Locked Contract (HTLC) mechanism was exploited, leading to the unauthorized removal of approximately $450,000 in USDT from Ethereum, Base, Arbitrum, and BNB Chain. In response to the detected anomalous activity, Garden temporarily suspended application services and commenced a comprehensive investigation, with further details expected to follow.