One Address Gains Over 15 Million $BUSD Using 10 $BNB via Ankr's Bug

According to on-chain data, after Ankr was exploited, one address (0x8d11F...217) exchanged 10 $BNB for over 180,000 $aBNBc via the bug. The $aBNBc was then swapped for $hBNB, which was then used as collateral to lend out over 16 million stablecoins $HAY on the lending platform Helio. $HAY was exchanged for more than 15 million $BUSD. Currently, $HAY is seriously unpegged.

According to TokenInsight data, Helio Protocol HAY ($HAY) price dropped by 70.21% over the last 24 hours, trading at $0.299661.

Source

Infrastructure

DeFi

Binance

Stablecoins

Security Incidents

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