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DeFi Protocol Ankr Suffers Infinity Minting Exploit – Here’s What Happened

Decentralized finance (DeFi) infrastructure provider Ankr has been exploited to the tune of over $5 million due to a bug that allowed for unlimited minting of its token. In a tweet today, the team said that their aBNBc t...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DeFi Protocol Ankr Suffers Infinity Minting Exploit – Here’s What Happened
Decentralized finance (DeFi) infrastructure provider Ankr has been exploited to the tune of over $5 million due to a bug that allowed for unlimited minting of its token.
In a tweet today, the team said that their aBNBc token had been exploited. They also asked exchanges to halt trading and asked liquidity providers to remove liquidity from decentralized exchanges (DEXs)....
Read More: DeFi Protocol Ankr Suffers Infinity Minting Exploit – Here’s What Happened

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