Analyst: PORT3 hackers profited $166,000 and destroyed the remaining tokens.
2025-11-23 00:29
According to Odaily Planet Daily, based on monitoring by on-chain analyst Yu Jin, three hours ago, a hacker exploited a PORT3 bridging vulnerability to mint 1 billion PORT3 tokens and sold them on-chain, causing the price of PORT3 to drop by 76%. The hacker sold 162.75 million PORT3 tokens, receiving 199.5 BNB in return, worth $166,000. Subsequently, the PORT3 project team removed on-chain liquidity, and some centralized exchanges suspended PORT3 deposits. Forty minutes ago, the hacker destroyed the remaining 837.25 million PORT3 tokens that had not yet been sold.
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