aBNBc Worth Crashes To Zero Amid Hacker Assault On Ankr DeFi Protocol


Hackers attacked the Ankr DeFi protocol and issued an enormous quantity of aBNBc tokens. The worth of an artificial asset utilized in staking has fallen to zero. The venture workforce confirmed the incident and guaranteed customers that their funds are secure. It promised to reissue aBNBc and compensate for losses.

In line with PeckShield consultants, the hacker made a revenue of about $15 mln by borrowing belongings within the stablecoin HAY secured by aBNBc by the Helio Protocol. The worth of a dollar-pegged “stablecoin” fell by 61%. Lookonchain consultants decided that the hacker acquired about 4 mln USDC and 5,000 BNB because of the exchanges. He exchanged the latter for a stablecoin from Centre, and despatched 900 BNB to the Twister Money mixer.

PeckShield seen that one other tackle made a revenue in the course of the hack. Its proprietor transferred about 3.5 mln BUSD and about 1.63 mln USDC to Binance. The founder and head of the platform, Changpeng Zhao, confirmed that the workforce is monitoring the incident. The change blocked the belongings of the hacker for $5 mln, which funds are usually not specified.

Picture: TechFunnel

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