Paid Network Exploit Mints Attacker 60M Tokens: Report
The PAID token is down some 70% as of press time on the news.
Exploit
The cause of the attack is still under investigation.
Rari Capital announced there was an exploit in the Rari Capital ETH Pool related to its Alpha Finance Lab integration. In response, the rebalancer has removed all funds from Alpha.
BSC-Based Bogged Finance Suffers $3M Exploit
May 24, 2021
BOG token's price fell from $8.50 to $0.15, a drop of over 98%.
The attack happened just a few days after another DeFi protocol was attacked on Binance Smart Chain.
So far, only $9 million in ETH and BTC from the hacker's haul has made it off the Binance Smart Chain blockchain.
