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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.

Published 2 months ago

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

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

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

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Ankr faced a massive exploit due to a bug in its code that allowed the hacker unlimited minting of its token aBNBc.

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Ankr, a DeFi protocol has suffered a major hack due to a bug in its code allowing the attacker to mint 20 trillion aBNBc tokens.

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