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PAID Token Plummeted Over 76% After Network Got Exploited
Summary: PAID Network, a popular DeFi protocol got exploited today. Data from the Etherscan website showed that the unknown hacker minted more than 59.47 million (worth approximately $170 million) PAID tokens and dumped 53 million. As of press time, the price of the token has crashed over 76%. Many crypto communities suspect that this is another ...
PAID Network, a popular DeFi protocol got exploited today.
Data from the Etherscan website showed that the unknown hacker minted more than 59.47 million (worth approximately $170 million) PAID tokens and dumped 53 million. As of press time, the price of the token has crashed over 76%.
Many crypto communities suspect that this is another rug pull as the owner of the protocol has the capability to mint new tokens.
At the time of writing, the official team has not yet responded.
By Mary Liu
Tags: DeFi,Hack,PAID,PAID Network
Link: PAID Token Plummeted Over 76% After Network Got Exploited [Copy]
