DeFi: Ankr victim of an attack!

Ankr is a well-known DeFi protocol based on the BNB Chain blockchain. On the night of 1er December, he was the victim of a major attack. News confirmed by the platform around 3 a.m. The losses are estimated at several million dollars.

Less than an hour after the attack, Ankr Challenge Protocol confirms the news and provides clear instructions to follow

20 million aBNBc tokens put by the hacker

20 million aBNBc tokens, more than 6 quadrillion aBNBc, 20 trillion aBNBc… The data varies from one site to another. One thing is certain, however: this recent attack has earned the DéFi Ankr protocol several million dollars.

Known under the pseudonym of Nansen, the hacker would have exploited a critical vulnerability to strike large quantities of aBNBc. For information, this is a wrapped BNB token based on Binance’s traditional BNB. He then exchanged the tokens for cash before laundering the funds to Tornado Cash.

to the last new, Nansen reportedly recovered nearly $5 million in Ethereum tokens. Added to this is a borrowing of $16 million from HAY stablecoin exchanged for BUSD. Some tokens have been bridged through other networks, such as BridgeGate and Celer.

The DéFi Ankr protocol is already under control

As soon as the attack was discovered, the team in charge of the DéFi Ankr protocol took all necessary measures to halt trading operations. “Our aBNB token has been mined and we are currently working with exchanges to immediately stop trading. All underlying assets on Ankr Staking are safe at this time, and all infrastructure services are unaffected,” reads Ankr’s Twitter feed.

To further reassure its users, the DéFi Ankr protocol has also issued certain instructions to be followed to guarantee the security of the funds. While waiting to assess the situation, aBNBc tokens are on standby. The DéFi protocol also intends to put in place a detailed plan to compensate the victims.

The attack on the DéFi Ankr protocol was more or less brutal, both for the team in charge of its management and for other users. And it is not without consequences for the platform. In the space of a few hours, the price of the ABNBc fell by 99% (at the rate of 1.5 dollars).

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