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Hack history / 2026 / Hack or exploit

PGNLZ

Hack or exploit on Jan 27, 2026 · Incorrect Share Accounting

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$100K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,707
among thefts by dollars lost

What happened

PGNLZ's flawed burn mechanism allowed attackers to burn tokens directly from the PancakeSwap USDT-PGNLZ pool's balance without proper synchronization. This artificially reduced pool reserves, creating sharp price distortions that enabled attackers to execute reverse swaps and drain approximately $100K in USDT.

Details

Date
Jan 27, 2026
Kind
Hack or exploit
Method
Incorrect Share Accounting
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "PGNLZ hack, Jan 27, 2026: $100K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht248c0d73eb/ (data as of 2026-11-01).
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