Cross-chain protocol pNetwork says it was hacked for 277 pBTC, a form of wrapped bitcoin, with losses worth over $12 million. 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. PNetwork supports several blockchains, including Binance Smart Chain, EOS, Polygon, Telos, xDAI and Ultra.”]
Source: https://www.bankinfosecurity.com/hacker-makes-off-12-million-in-latest-defi-breach-a-17580