Paid Network Exploited For $37 Mln - Price Falls 89%.

Paid Network Exploited For $37 Mln - Price Falls 89%.

2021-03-06 | Eddy Morgan

Paid Network Exploited For $37 Mln - Price Falls 89%.

The Paid Network – a DeFi [Decentralized Finance] application that loosely describes itself as a smart contract program for businesses - has been exploited via the contract’s token minting feature. Some 60 Mln PAID tokens, worth about $37 Mln at the reporting time, are wrongly created. At the reporting time, the PAID token is down some 88.8% as per CoinMarketCap.

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