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Hack history / 2026 / Hack or exploit

Pirate Chain

Hack or exploit on Oct 14, 2026 · Unbacked Mint

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$10.7M
dollars at the time
Returned
none listed
as the sources state it
Rank
#288
among thefts by dollars lost

What happened

Pirate Chain suffered an exploit in the transparent supply-accounting layer introduced with its Ironwood upgrade. Two transaction-validation failures reportedly allowed an attacker to bypass issuance restrictions and exploit incorrect output-script interpretation, creating approximately 39.8 million unauthorized ARRR. The tokens were transferred into the Sapling shielded pool, obscuring subsequent transfers. The team initially proposed a blockchain rollback but later confirmed that it could not execute one unilaterally

Details

Date
Oct 14, 2026
Kind
Hack or exploit
Method
Unbacked Mint
How in
Smart contract bug
Target
Chain
Chains
Pirate Chain

Reported by

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Cite this pageSwanBluechip, "Pirate Chain hack, Oct 14, 2026: $10.7M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5452ff2851/ (data as of 2026-10-31).
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