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Quadrillions of minted cryptocurrency

Posted on December 2, 2022 by admin

Not exactly the best of times for the cryptocurrency world. Other than the FTX bankruptcy, there are actually other issues that make those who usually follow everything debating. In this context comes confirmation Hacker attack on Anker.

As reported by CoinDesk and Gizmodo, at the beginning of December 2022, the aforementioned decentralized finance (DeFi) protocol was in the center of an exploit, also directly confirmed by Ankr profile on Twitter on December 2, 2022.”Our aBNB token is at the center of exploitation and we work with exchanges to Stop trading immediatelyreads the tweet.

Meanwhile, Binance CEO Changpeng Zhao claimed that the hacker could maliciously use a smart contract to Mint quadrillions of cryptocurrency. In the middle would be a bug, which the attacker would have exploited to mint an “unlimited amount” of Ankr’s main token.

However, other people could also have been involved, who obviously contributed to the large amount of crypto-tokens that were minted. What numbers are you referring to? About 5 million US dollars. Anyway, Male denied it Other services are not the focus of the exploits. Obviously, this issue will not go unnoticed in the cryptocurrency world.

Category: CRYPTO

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