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Paid Network Exploit Mints Attacker 60M Tokens: Report
The PAID token is down some 70% as of press time on the news.
Updated Sep 14, 2021, 12:22 p.m. Published Mar 5, 2021, 6:54 p.m. 1 min read
The Paid Network – a decentralized finance (DeFi) app that loosely describes itself as a smart contract program for businesses – has been exploited through the contract’s token minting feature. Some 60 million PAID tokens, worth about $37 million at press time, have been wrongly created.
The PAID token is down some 70% as of press time, according to CoinGecko.
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