Analyst: PORT3 hacker profits $166,000 and destroys remaining tokens

According to on-chain analyst Yu Jin's monitoring, 3 hours ago, a hacker exploited a vulnerability in the PORT3 bridge to mint 1 billion PORT3 and sold it on-chain, causing the PORT3 price to drop by 76%.

The hacker sold 162.75 million PORT3 for 199.5 BNB, worth $166,000.

Subsequently, the PORT3 project team removed on-chain liquidity, and some centralized exchanges suspended PORT3 deposits.

40 minutes ago, the hacker destroyed the remaining unsold 837.25 million PORT3.