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BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit – Defi Bitcoin News

Summary by Ground News
DeFi protocol Ankr faced a massive exploit due to a bug in its code. The hacker was able to mint six quadrillion aBNBc tokens. After minting these massive amounts, the hacker was successful in swapping 20 trillion tokens for BNB. Later, he swapped these BNB tokens for a staggering 5 million USDC or $5 million.

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Crypto Economy broke the news in on Friday, December 2, 2022.
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