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DeFi, Ankr hit by hackers: quadrillion crypto tokens minted

latestnews by latestnews
December 2, 2022
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DeFi, Ankr hit by hackers: quadrillion crypto tokens minted
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Not exactly the best of times for the cryptocurrency world. Net of the bankruptcy of FTX, there are in fact other issues that are making those who usually follow everything discuss. In this context comes the confirmation of a hacker attack against Ankr.

As reported by CoinDesk And gizmodeat the beginning of December 2022 the aforementioned decentralized finance protocol (DeFi) was at the center of an exploit, as indeed also confirmed directly through the Ankr Twitter profile on December 2, 2022. “Our aBNB token is at the center of an exploit and we are working with exchanges to stop trading immediately“, reads the tweet.

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

However, other people would also have been involved, who apparently would have contributed to the large amount of crypto tokens minted. What figures are you referring to? About 5 million USDC. In any case, Ankr stated that other services are not the focus of exploits. Clearly this issue is not going unnoticed in the cryptocurrency world.


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