.ankr has been exploited for millions. An attacker discovered an unlimited token mint bug in the code of the BNB-based protocol. By thesamreynolds
DeFi protocol Ankr, which called itself the first ‘node-as-a-service’ platform, has suffered a multi-million dollar exploit due to a bug in its code that allowed for unlimited minting of its token.
According to security research firm PeckShield, the code behind the Ankr contract allows any user to mint an unlimited amount of the protocol’s reward-bearing staking tokens without any sort of verification. This allowed the attacker to mint six quadrillion of the aBNBc token.token for BNB, then move it to Tornado Cash. The attacker then swapped the BNB tokens for 5 million USDC.
As the hacker has nearly completely drained the aBNBc liquidity pools on PancakeSwap and ApeSwap, the token has lost nearly 99% of its value, according to
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