SwanBluechipHack historyBinance tracker
Hack history / 2022 / Hack or exploit

pNetwork

Hack or exploit on Nov 4, 2022 · Configuration Error

ONE SOURCE · 1 SOURCE
Lost
$10.8M
dollars at the time
Returned
none listed
as the sources state it
Rank
#284
among thefts by dollars lost

What happened

An address on the BNB Chain minted more than $1 billion of pGALA tokens out of thin air, and sold them through PancakeSwap to make a profit. The pGALA contract hacker has made a profit of $4.3 million. One Smart Money address arbitraged nearly $6.5 million in this attack, even more than the attacker's profit. Multi-link is tweeted by the protocol pNetwork, and the pGALA contract on the BNB Chain needs to be redeployed due to the misconfiguration of the cross-chain bridge. Huobi Global announced that it would re-list GALA after proposing that the GALA purchased after the abnormal event would be renamed pGALA, and the project party agreed to pay full compensation to the holders of the currency before the accident.

Details

Date
Nov 4, 2022
Kind
Hack or exploit
Method
Configuration Error
How in
Bridge and cross-chain
Target
Bridge
Chains
not stated

After the theft

Victims reimbursed
yes, amount not stated
“Huobi Global announced that it would re-list GALA after proposing that the GALA purchased after the abnormal event would be renamed pGALA, and the project party agreed to pay full compensation to the holders of the currency before the accident.” (SlowMist Hacked)

Reported by

Related incidents

pNetwork 2022 · Hack or exploit · $4.3M
pNetwork 2021 · Hack or exploit · $12M
pNetwork 2021 · Hack or exploit · $13M
Cite this pageSwanBluechip, "pNetwork hack, Nov 4, 2022: $10.8M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta7903c10d1/ (data as of 2026-11-01).
Open in the full listAll incidents