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Hack history / 2022 / Hack or exploit

Ankr

Hack or exploit on Dec 2, 2022 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$5M
dollars at the time
Returned
$5M
100% of the loss, as a source states it
Rank
#452
among thefts by dollars lost

What happened

On December 2, 2022, a former Ankr employee exploited an access control flaw in the aBNBc staking token contract, minting 10 trillion tokens and converting ~$5M to USDC. Binance froze $3M; Ankr reimbursed affected users from company reserves.

Details

Date
Dec 2, 2022
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain

After the theft

Frozen
$3M
“Binance froze $3M;” (DefiLlama)
Victims reimbursed
yes, amount not stated
“Ankr reimbursed affected users from company reserves.” (DefiLlama)

Reported by

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Cite this pageSwanBluechip, "Ankr hack, Dec 2, 2022: $5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht8207077a1b/ (data as of 2026-10-31).
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