Defi Hack Alert: This protocol lost over $12 million in Bitcoin (BTC)

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The Defi protocol, pNetwork alerted the community of a 277 Bitcoin (BTC) hack, which amounts to 12.67 million in USD. The network revealed that the attacker installed a bug on the Binance Blockchain codebase of pNetwork. However, the protocol confirmed safety for other funds as no more bridges had to bear the burn of the attack.

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

According to the pNetwork’s Twitter thread, the bug has been identified and the protocol is currently rehabilitating it, to re-activate the bridges once secured, which should take mere hours. The network assures that they are working rigorously towards the solution for their pBTC on BSC holders and will further update of developments. Additionally, the network has eve

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Źródło: https://coingape.com/defi-hack-alert-this-protocol-lost-over-12-million-in-bitcoin-btc/

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