An unidentified hacker has stolen 277 wrapped Bitcoin, currently worth around $12.5 million, by exploiting a bug in decentralized finance (DeFi) interoperability protocol pNetwork, its developers disclosed on Sunday.
According to the platform’s Twitter account, a bug in the protocol’s codebase was used to attack pBTC tokens—pNetwork’s version of wrapped Bitcoin—that were stored on Binance Smart Chain (BSC).
1/N We’re sorry to inform the community that an attacker was able to leverage a bug in our codebase and attack pBTC on BSC, stealing 277 BTC (most of its collateral).
The other bridges were not affected. All other funds in the pNetwork are safe.
— pNetwork (@pNetworkDeFi) September 19, 2021
Wrapped assets are one of the myriad DeFi applications available on the market. DeFi is a growing ecosystem within the crypto industry that offers many of the same traditional services as banks and brokers but without centralized entities.
To create a wrapped asset, in this case Bi
Źródło: https://decrypt.co/81301/defi-bridging-protocol-pnetwork-suffers-12-million-hack
