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DeFi Bridging Protocol pNetwork Suffers $12 Million Hack

DeFi Bridging Protocol pNetwork Suffers $12 Million Hack
An unidentified hacker has stolen 277 wrapped Bitcoin , currently worth around $12.5 million, by exploiting a bug in decentralized finance ( DeFi ) interoperability protocol pNetwork, its developers disclosed on Sunday.
According to the platform’s Twitter account, a bug in the protocol’s codebase was used to attack pBTC tokens—pNetwork’s version of wrapped Bitcoin—that were stored on Binance Smart Chain (BSC).

1/N We're sorry to inform the community that an attacker was able to leverage a bug in our codebase and attack pBTC on BSC, stealing 277 BTC (most of its collateral).
The other bridges were not affected. All other funds in the pNetwork are safe.
— pNetwork 
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