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Analyst: PORT3 hackers profited $166,000

Analyst: PORT3 hackers profited $166,000

Cointime2025/11/23 03:51
By: Cointime
BNB+0.97%

according to on-chain analyst Yu Jin's monitoring, 3 hours ago, a hacker exploited the PORT3 bridge vulnerability to mint an additional 1 billion PORT3 tokens and sold them on the chain, causing the price of PORT3 to drop by 76%. The hacker sold 162.75 million PORT3 tokens in exchange for 199.5 BNB, worth 166,000 USD. Subsequently, the PORT3 project team removed on-chain liquidity, and some centralized exchanges suspended PORT3 deposits. 40 minutes ago, the hacker burned the remaining 837.25 million unsold PORT3 tokens.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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