Due to a fault in its software that enabled endless token minting, the DeFi protocol Ankr, which dubbed itself the first node-as-a-service platform, was the victim of a multi-million dollar hack. Ankr Manipulated For Multi-Million The Ankr agreement’s design allegedly permits any user to create an infinite number of the protocol’s reward-bearing staking tokens without any kind of validation, according to security research company PeckShield. As a result, the attacker would print six quadrillion aBNBc tokens. Our analysis shows the $aBNBc token contract has an unlimited mint bug. Specifically, while mint() is protected with onlyMinter modifier, there is another function The post DeFi Protocol Ankr Manipulated for Over $5 Million appeared first on Cryptoknowmics-Crypto News and Media Platform .
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