Truebit Exploit: Smart Contract Flaw Leads to $26M Token Mint
A recent exploit of Truebit resulted in a loss of $26 million. According to reports, a smart-contract overflow bug allowed an attacker to mint tokens at near-zero cost. The development caused the price of TRU to decline sharply, experiencing a 99% drop. The incident highlights the risks associated with smart contract vulnerabilities and their potential impact on token values within the cryptocurrency market.
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