The trillion aBNBc exploit on ANKR protocol extended to several other crypto platforms. The protocol custodians identified the perpetrator and set a recovery plan to compensate the affected parties. ...
Tag: Ankr
Ankr reveals ‘former team member’ carried out hack on protocol in early December
Ankr Protocol (ANKR) revealed that a former team member carried out the Dec. 2 hack that led to a loss of around $5 million, according to a Dec. 20 statement. Ankr wrote that the former team member ca...
Ankr to Issue Airdrop to Allow Holders to Receive Tokens After Exploit
Ankr, a distributed node operator for POS networks that allows users to stake their tokens easily without having to buy the necessary hardware, has announced a fresh update in the wake of the recent e...
Why invest in Snowfall Protocol (SNW) over HAY (HAY) or Ankr (ANKR)?
The cryptocurrency industry is in a period of heightened activity and growth. Hay (HAY) and Ankr (ANKR) are trending protocols in the space, but what makes Snowfall Protocol (SNW) stand out as a poten...
Worst Polkadot Tokens This Week: Polkadot, Chainlink, Ankr Dip
Worst Polkadot Tokens This Week: The tokens on the Polkadot ecosystem have shown some optimism by going slightly up today. However, some of the major tokens in the chain have plunged down in the past ...
Ankr Deploys $15M to Buy Back Bad Debt Following Exploit
Blockchain infrastructure platform Ankr has announced that it would be allocating $15 million to cover the bad debt as a result of its recent exploit. Ankr To Buy Back Bad Debt Blockchain infrastruc...
Ankr deploys $15M to make users whole as Helio stablecoin recovers after exploit
Stablecoin protocol Helio, which issues the U.S. dollar-pegged HAY stablecoin, said in a Dec. 7 tweet that it has bought back $3 million worth of bad debt in HAY thus far in the open market. The day p...
Will Ankr regain the previous support level of $0.03?
Ankr is a utility token that is used for staking, voting, or government purposes. The native token, ANKR, is also used as a payment method on the network. At the time of writing this post, Ankr trades...
Ankr discloses reimbursement plan for users affected by $5 Million attack
A security violation almost made Ankr drown, but the well-timed arbitration saved them from the ominous event. Ankr highlighted in their reports that they, “warned familiar off-rams to impose th...
Ankr Reveals Compensation Plan For Users Affected by $5 Million Hack ⋆ ZyCrypto
Advertisement     Ankr was the victim of a hack that cost the project losses of over $5 million. The team briskly patched the exploit within hours. Ankr says it will c...
Ankr issues statement on hacking attack
Following the recent attack that hit the Ankr exchange, the security team has issued an update on the malicious event. They stated that the attacker used a mint bug in the platform’s smart contract co...
Analyzing Ankr’s Liquid-Staking Protocol Infinite Mint Exploit
December 3, 2022, 7:31PM EST • 8 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion The Ankr protocol’s liquid-staking derivative, aBNBc, ...
Ankr Crypto Protocol Exploit Lost $15 Million
October 2022 is the month with the most number of crypto hacks. On December 2, 2022, An anonymous group of hackers drained around $15 million in liquidity from BNB Chain-based staking platform Helio...
Ankr says no one should trade aBNBc, only LPs ‘caught off guard’ will be compensated
Following yesterday’s confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users. The team said it was identifying ...
Ankr Exploiter Starting to Shift Funds, PeckShield Alerts
PeckShield, a blockchain security company, has reported that the Ankr exploiter has begun transferring stolen Ethereum funds into Tornado Cash. Wu Blockchain reports on Twitter that the Ankr Exploiter...
Trader allegedly saw over 5,000x gains after Ankr protocol hack
When the BNB Chain-based protocol Ankr was exploited and a hacker dumped Ankr Reward Bearing Staked BNB (aBNBc) tokens, a trader took advantage of the price discrepancies and turned $2,879 into $15.5 ...
Ankr Exploit Causes Collateral Damage
Decentralized Web3 infrastructure provider Ankr sought to reassure its community Friday with an initial response to the theft of at least $5.5 million from BNB Chain liquidity pools and money markets....
Hacker Exploits BNB Chain-Based DeFi Protocol Ankr
Alex Dovbnya Ankr has become the latest decentralized finance protocol to suffer an exploit Ankr, a decentralized finance protocol that is based on BNB Chain, has been exploited, according to a Friday...
Binance Pauses Withdrawals Amid $5M Ankr ‘Infinite Mint’ Hack
Binance CEO Changpeng Zhao announced that the crypto exchange had paused withdrawals linked to a recent attack on Ankr. “Initial analysis is developer private key was hacked, and the hacker upda...
Ankr protocol hack of $5 million in crypto
Bad night for Ankr, the decentralized finance protocol based on the BNB chain, which fell victim to a hack to the extent of more than $5 million in stolen crypto. Apparently, hackers managed to creat...
Ankr confirms exploit, asks for immediate trading halt
BNB Chain-based decentralized finance (DeFi) protocol Ankr has confirmed it has been hit by a multi-million dollar exploit on Dec. 1. The attack appeared to be first discovered by on-chain security an...
Binance Temporarily Pauses Withdrawals Post Ankr Hack
12 seconds ago | 2 mins read Exchange News The hacker used aBNBc token’s smart contract to generate a limitless supply of the token. Since the assault, the token’s price has dropped 99.5%. As a result...
Web3 protocol Ankr reports $5M in damages following BNB token exploit
A web3 infrastructure platform Ankr has reported that the approximate damage caused by the ongoing exploit might account for as much as $5 million worth of BNB tokens. The announcement follows the pla...
Hackers Stole More Than $5M From 2 Binance Chain Apps
Ankr, a decentralized finance (DeFi) protocol on the BNB chain, has been hit with a $5 million exploit. The hack occurred earlier Friday morning after the attacker took advantage of an unlimited mint ...
Here’s how staking protocol Ankr got robbed in DeFi free-for-all
A compromised private key has led to an ‘infinite mint’ exploit targeting Ankr, with the fallout causing amplified collateral damage to stablecoin project Helio Money. Ankr provides liquid staking ser...
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit – Defi Bitcoin News
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive a...
BNB-Based HAY ‘Destablecoin’ Loses Peg Following Ankr Exploit
BNB Chain-based Destablecoin HAY has lost its $1 peg as a result of the exploit of Ankr Protocol. The team stated that they would provide an update soon. Market data shows that HAY, a ‘destablecoin’ o...
Ankr Protocol claims its platform has been exploited
Due to the ultimate failure of the FTX crypto exchange, there seems to be even more mayhem and chaos being created all around. The FTX, which is now a state of complete bankruptcy, was itself responsi...
BNB and its staking derivatives suffer huge dump following the Ankr exploit
Ankr suffered an exploit that led to the minting of a huge number of aBNBc tokens This exploit led traders to significantly distribute aBNBc and other staking derivatives of BNB coin In the early trad...
Hackers get away with $20 million in twin attacks on Ankr and Helio
According to an on-chain analysis by security firm BlockSec, Ankr (ANKR/USD) and stablecoin issuer Helio have lost about $20 million in a series of connected attacks. The first attack targeted a liqui...
Ankr protocol exploited trillions of aBNBc by attackers
On December 2nd, at 12:35 GMT, Peckshield flagged an exploit made by an attacker on Ankr protocol. The exploit made way with 20 trillion aBNBc reward tokens from the protocol. Ankr Reward Bearing Stak...
Binance freezes $3M from Ankr exploit
Binance CEO Changpeng Zhao revealed on Dec. 2 that the exchange froze around $3 million of the funds from Ankr’s hack. Possible hacks on Ankr and Hay. Initial analysis is developer private key was hac...