Hacker Exploits PORT3 Bridge Vulnerability, Causing Significant Price Drop

According to ChainCatcher, a hacker exploited a vulnerability in the PORT3 bridge three hours ago, minting an additional 1 billion PORT3 tokens. This action led to a 76% drop in the token's price as the hacker sold 162.75 million PORT3 tokens, receiving 199.5 BNB, valued at $166,000. In response, the PORT3 project team removed liquidity from the blockchain, and some centralized exchanges have suspended PORT3 deposits. Forty minutes ago, the hacker destroyed the remaining 837.25 million unsold PORT3 tokens.