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news-imageNovember 4, 2022

White Hat Attack Sees Creators Of pNetwork Bridge Steal $4.3M From PancakeSwap

In a “white hack” attack, Pgala (pegged gala) tokens worth $4.3 million were taken ethically by the creators of pNetwork, an independent cross-chain bridge technology used to transfer assets across various chains. On-chain analysis by security company BlockSec detected a "misconfiguration" in the token's smart contract today, which led to the discovery of the attack.
Publisher: Benzinga
Sentiment: Negative
CAKE

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PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with Allora to Launch AI-Driven Ether Prediction Market on Arbitrum PancakeSwaps AI-powered market now enables Arbitrum users to forecast Ether price fluctuations, utilizing Alloras machine-learning data to ensure precision.

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