BSC-based Cross-Chain pNetwork Lost $12.7 Million to Hackers
The pNetwork, a BSC-based cross-chain platform, has suffered a significant loss of at least $12.7 million due to a recent hack. This is the latest in a series of attacks targeting cross-chain platforms in the crypto industry.
pNetwork Team to Fix the Problem
The pNetwork team has announced that they are working to fix the bug exploited by the hackers. They have also offered $11.5% of the stolen funds to the hackers if they can return the stolen assets.
pNetwork’s PNT Governance Token Plummets
The pNetwork PNT governance token has fallen by almost 8% in the last 24 hours following the hack.
pNetwork has lost almost 8% of its price in last 24 hours | Source: PNTUSD on TradingViewCross-Chain Platform Victims
Several other cross-chain platforms have also been targeted by hackers, including:
- pNetwork: Lost $12.7 million
- Belt Finance: Lost $1.4 million
- BurgerSwap: Lost $1.2 million
- Spartan Protocol: