Breaking: Ankr confirms exploit, asks for immediate trading halt By Cointelegraph
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The BNB Chain-based decentralized finance (DeFi) protocol Ankr has confirmed it has been hit by a multi-million dollar exploit on Dec. 1.
The attacker was purportedly able to mint 20 trillion Ankr Reward Bearing Staked BNB (aBNBc), a reward-bearing token for BNB (BNB) staked on the protocol. The exploiter has since used services such as , Tornado Cash, and various bridges to swap and obfuscate the funds and has successfully gained around 5 million (USDC)
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The BNB Chain-based decentralized finance (DeFi) protocol Ankr has confirmed it has been hit by a multi-million dollar exploit on Dec. 1.
The attacker was purportedly able to mint 20 trillion Ankr Reward Bearing Staked BNB (aBNBc), a reward-bearing token for BNB (BNB) staked on the protocol. The exploiter has since used services such as , Tornado Cash, and various bridges to swap and obfuscate the funds and has successfully gained around 5 million (USDC)
Continue Reading on Coin Telegraph
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