In a new hack, more than $12 million was stolen from pNetwork

It has become a decentralized financing platform P Network , the latest victim in a series of affiliate platform hacks Business Smart Chain Binance Smart Chain (BSC), where hackers reportedly violated the protocol, and stole its value 12.7 Million dollar coin Bitcoin.

The platform said that the hackers carried out the theft, by exploiting an error in its software database, and indicated that it was working to solve the problem. 11% From the stolen items, in exchange for the return of the rest of the assets:

“To the anonymous hacker, despite the scale of the disaster, we are offering a clean reward worth 1.5 $1 million if the money is returned.”

The original token price of . has dropped B Network in the rate of 18% through the24 An hour ago, in the aftermath of the incident.

Furthermore, the platform team has not released any further details about any reasonable plans to compensate the affected users.

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Several hacks for Binance Smart Chain this year only

was a platform Binance Smart Chain It has had several hacks this year alone, targeting the protocols on its platform.

These protocols included:

• Pancake pane Pancake Bunny.
• Cream Finance Cream Finance.
• B Earn bEarn.
• Bouguid Finance Bogged Finance.
• Uranium Finance Uranium Finance.
• Meerkat Finance.
• sword mon SafeMoon.
• Spartan Protocol Spartan Protocol.
• Swapp Burger BurgerSwap.
• Built Finance Belt Finance.
• AndCurrently, Be Network pNetwork.

It is also worth noting, that in early August, hackers who attacked the network Polynetwork Poly Network steal 253 million dollars from Binance Smart Chain, which is part of the total 600 Millions of dollars, however, the hacker ended up returning almost all of the loot.

The growing number of security breaches of decentralized protocols comes in the midst of regulators calling for stronger oversight of the sector.

And she was US Securities and Exchange Commission SEC (SEC) at the forefront of such calls, as its CEO sees Gary Gensler, that the regulation will address many of the harmful practices, currently prevailing in the field of encryption.

PolyNetwork Hacker Returns Stolen Money