Blog | G5 Cyber Security

Hacker Makes Off With $12 Million in Latest DeFi Breach

Cross-chain project pNetwork says it was hacked for 277 pBTC, a form of wrapped bitcoin, with losses worth over $12 million. The platform says it will provide a $1.5 million bug bounty to the hacker, should they return the funds. The price of pNetwork’s PNT token was $0.92, a drop of more than 17% over the past day. In another crypto-based incident, a platform on the decentralized exchange SushiSwap was taken for $3 million in ethereum.”]

Source: https://www.cuinfosecurity.com/hacker-makes-off-12-million-in-latest-defi-breach-a-17580

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