In the next post, it was also said that at this time, all infrastructure services are unaffected and all underlying assets on Ankr Staking are safe.Blockchain security company Beosin commented on the hack and said that the exploit was probably caused by flaws in the smart contract code and stolen private keys, which may have resulted from a recent technical upgrade by the Ankr team.
Beosin also pointed out that, according to data from CoinMarketCap, the mass minting episode caused the price of aBNBc to drop 99.5% from $303.89 to $1.53 in a couple of hours.A Beosin representative said, It’s probable that the deployer’s private key was exposed in this upgrade, allowing an attacker to use deployer privileges to modify the contract.Binance, a cryptocurrency exchange, verified in a tweet on December 2 that its staff is in contact with the appropriate parties to look into the situation further and that customer funds are not in danger. Additionally, the exploiter’s wallet address has been blacklisted, according to the BNB Chain Twitter page.
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Ankr Confirms exploit, requests a temporary trade suspension.
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