Leaderboard
176All-time rank
P

pNetwork

Oct 4, 2021

$13.0M
Lost
$13.0M
Recovered
$0
Net loss
$13.0M
Unrecovered0% recovered

On September 19, 2021, pNetwork's cross-chain bridge was exploited when an attacker crafted fraudulent peg-out event logs. The Rust event-log processor failed to validate that requests originated from authorized pNetwork contracts, processing the fake withdrawal requests.

The attacker stole 277 BTC (wrapped to BSC) worth approximately $13M.

Target
Bridge
Classification
Bridge & Cross-Chain
Technique
Spoofed Event Log
Attribution
Unknown
Chains
BSCBitcoin

Event timeline

  1. Oct 4, 2021
    Exploit executed — $13.0M drained via spoofed event log
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

Related incidents