Cryptocurrency
[loss] $12M+
"Cross-Chain Protocol PNetwork Loses $12M in Hack"
Primary Source ↗Financial Loss
$12.0M
(12,000,000 USD)
Blockchain(s)
Bitcoin
Incident Details
A hacker stole $12 million from the DeFi platform pNetwork after exploiting a bug in the codebase. The network offered a $1.5 million bounty to the attacker to return the funds.
Total loss estimated at $12,000,000.
Technical Details
- Initial Attack Vector
- Software bug / unintentional loss
- Vendor / Product
- pNetwork
Timeline
- 2021-09-20 Breach occurred
- 2021-09-20 Publicly disclosed