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Paid Network potentially hacked, price drops by 76% instantly

  • Someone minted around $100 million worth of PAID tokens and sold most of it.
  • PAID price dropped by 75% instantly but it’s not clear if it was a hacker or the team.
  • The attacker could have potentially accessed the private keys of the team.

PaidNetwork has several successful audits so it’s strange to see a mint hack on the protocol. However, someone still managed to mint $100 million worth of the token and dumped it moving the price down by 80%.  

paid price

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