DeFi protocol Ankr suffers exploit, Binance cleans up situation – Is a price drop for Ethereum to come?
The hacker exploited a bug in Ankr’s aBNBc smart contract which allowed him to mint six quadrillion aBNBc tokens.
Ankr
The hacker exploited a bug in Ankr’s aBNBc smart contract which allowed him to mint six quadrillion aBNBc tokens.
Staked Binance Coin on decentralized finance (DeFi) protocol Ankr (aBNBc) has plummeted by over 90% after hackers exploited the token. Blockchain security company PeckShieldAlert initially broke news of the exploit.…
The company stated it would be discontinuing aBNBc and aBNBb tokens ‘effective immediately,’ and that “new ankrBNB tokens will be minted and airdropped to affected aBNBc and aBNBb users.”
The Ankr network has fallen victim to crypto hackers, who infiltrated the project and minted quadrillions of tokens.
Ankr has become the latest cryptocurrency-related firm to be hacked. The Web3 infrastructure provider tweeted Thursday (Dec. 1): “Our aBNB token has been exploited, and we are currently working with…
Venus Protocol is thrilled to have a tremendous list of launch partners for our release of Isolated Markets. Through a series of interviews, Venus Protocol invites you to learn more…
Ankr and Sui blockchain are interconnecting to enable developers build on the Sui blockchain. We discuss the impact of the partnership.
Sui, the Move-based blockchain founded by a team of Meta alumni, has brought web3 infrastructure provider Ankr aboard to provide RPC (Remote Call Procedure) services. The landmark partnership will make…
Ankr will provide a geo-distributed and decentralized Sui RPC with multiple blockchain nodes to strengthen the global Sui network.
Enabling users to interact with their staked assets on both ecosystems.