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Ankr

Build on Web3 with a fast, reliable and distributed network of blockchain nodes. Earn with Liquid Staking and integrate it to power your app.

Ankr Makes Progress With Recovery Program Targets and Milestones

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📢 Ankr Makes Progress With Recovery Program Targets and Milestones

❓ It’s been a week since Ankr detected a hack that resulted in excessive minting of our BNB liquid staking token (aBNBc) and its rapid exchange for other tokens on decentralized exchanges

✅ The team was able to briskly patch the exploit within hours and deploy an initial $15m Recovery Fund that has now been exceeded to compensate DeFi BNB liquidity providers, BNB lenders, and DeFi protocol users affected by the aBNBc exploit.

🔗 Read more https://www.ankr.com/blog/ankr-makes-progress-with-recovery-program-targets-and-milestones/

Ankr Makes Progress With Recovery Program Targets and Milestones.