{"id":195209,"date":"2021-03-05T22:58:35","date_gmt":"2021-03-05T19:58:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/paid-network-exploiter-nets-3-million-in-infinite-mint-attack\/"},"modified":"2021-03-05T22:58:35","modified_gmt":"2021-03-05T19:58:35","slug":"paid-network-exploiter-nets-3-million-in-infinite-mint-attack","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/paid-network-exploiter-nets-3-million-in-infinite-mint-attack\/","title":{"rendered":"# PAID Network exploiter nets $3 million in infinite mint attack"},"content":{"rendered":"

“# PAID Network exploiter nets $3 million in infinite mint attack <\/strong>”
\n<\/p>\n

Paid Network, a DeFi platform aimed at real-world businesses, has been exploited today in an \u201cinfinite mint\u201d attack that has sent PAID token prices plunging upwards of 85%.<\/p>\n

While the exploit netted nearly $180 million in PAID tokens at the time of the attack \u2014 what would have comfortably been the largest exploit of a DeFi protocol \u2014 the hacker\u2019s payday will end up being far less. One observer noted that the attacker\u2019s wallet<\/a> only converted some of their tokens to wrapp<\/a>ed ether, leaving the rest in rapidly-devaluing PAID tokens:\u00a0<\/p>\n

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Summary of $PAID<\/a> incident:<\/p>\n

Total PAID swapped to WETH: 2079.603371141493
= $3,104,887.33<\/p>\n

Total PAID left in account: 594,717,455.71
= $24,313,147<\/p>\n

Total amount in attacker account = $27,418,034.33<\/p>\n

Stay Safe. pic.twitter.com\/Lz93qGKAq0<\/a><\/p>\n

\u2014 vasa (@vasa_develop) March 5, 2021<\/a><\/p><\/blockquote>\n