Developers of pNetwork bridge drain $4.3 million from PancakeSwap in 'white hat' attack
The developers of pNetwork, an independent cross-chain bridge protocol used to transfer assets across different chains, ethically took $4.3 million in pgala (pegged gala) tokens that it had issued to bridge users. These tokens, issued by pNetwork itself, represent a 1:1 tokenized version of the gala tokens used in play-to-earn project Gala Games. The pgala tokens are maintained via smart contracts controlled by the pNetwork team, and can be traded on decentralized exchanges on BNB Chain, including PancakeSwap. Today, the team said that it had discovered a misconfiguration that could allow anyone to steal from the pgala smart contract. Because of this, the contract had to be urgently patched and redeployed.
Source
https://t.me/Kucoin_Coins_Token
