According to news from the chain, data on the chain shows that the DuckDAO incubation project and the Defi project PAID Network, which aims to redefine the legal system, were attacked due to contract vulnerabilities. The attacker minted nearly USD 160 million worth of PAID tokens, including 59.7 million PAID tokens.
After transferring to the decentralized exchange Uniswap for trading, the attacker has obtained 2000 ETH (approximately 3 million U.S. dollars), and the address currently holds more than 27 million U.S. dollars in PAID tokens. PAID Network subsequently tweeted, “The team is actively investigating, removing all liquidity, taking a snapshot before the first transfer occurs, and restoring the user balance to the amount before the hacker transfer.”
Source Link - https://twitter.com/paid_network/status/1367945140124459011
Image Source - https://www.oneindia.com/international/us-looks-out-for-5-super-hackers-from-china-who-attacked-govt-websites-3150719.html