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

In This Article

Related News
North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
Wall Street back-office giant DTCC mulls stablecoin integration: report Wall Street back-office giant DTCC mulls stablecoin integration: report
Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
Circle secures in-principle approval to operate as money services provider in Abu Dhabi Circle secures in-principle approval to operate as money services provider in Abu Dhabi
Mastercard moves to integrate stablecoins into global payments network Mastercard moves to integrate stablecoins into global payments network
Latest News More More
5 Hours Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
3 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
June 20 Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
June 17 Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open