Hinkal Protocol: $820K Exploit via TornadoCash

Hinkal Protocol suffered an $820K exploit with the attacker routing 410 ETH (~$700K) into TornadoCash before bridging 44.7 ETH to Bitcoin via Thorchain.

Price action on the 4h chart shows ETH at $1702.48 inside the Bollinger Bands with the upper resistance at $1714.46, while the EMA50 at $1624.72 continues to anchor the bullish structure above the EMA200 at $1749.65; the MACD golden cross at 26.72 keeps momentum intact even as RSI at 67.28 leaves room for a measured pullback to that 50-EMA support before any extension higher.