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Paid Network Exploit Mints Attacker 60M Tokens: Report

The Paid Network – a decentralized finance (DeFi) app that loosely describes itself as a smart contract program for businesses – has been exploited through the contract’s token minting feature. Some 60 million PAID tokens, worth about $37 million at press time, have been wrongly created.

The PAID token is down some 70% as of press time, according to CoinGecko.

This story is developing.

Related: Bitcoin Retakes $50K on US Stimulus Progress; Uniswap’s UNI Cracks the Top 10



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