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Port3 was exploited by hackers this morning to issue, sell, and destroy tokens through a vulnerability, causing the coin price to fall over 82%.
BlockBeats news, on November 23, AI intelligent agent Port3 Network issued a security alert on social media this morning, stating that a Hacker exploited a vulnerability in BridgeIn to mint an additional 1 billion Tokens. To protect users, the team has removed part of the Liquidity and is preparing to communicate with the Hacker. On-chain data shows that the Hacker dumped a large amount of Tokens on-chain but did not deposit into CEX. Subsequently, the Port3 team removed on-chain Liquidity, preventing the Hacker from cashing out further. Some trading platforms also closed deposit channels. The Hacker ultimately destroyed all remaining Tokens. Market data shows that as of the time of publication, this incident caused the PORT3 Token to fall by 82.8%, from this morning's $0.037 to a low of $0.0066, and it has now rebounded to $0.0086, with a market capitalization of only $4.05 million and FDV of $8.11 million.