Parallel Network: 20,465,934 uBAYC assets stolen on June 4
On June 12, Parallel Network, a full-chain L2 network, said that on June 4, 20,465,934 uBAYC assets were stolen from its protocol. If the hacker returns it, a 10% reward will be offered and it will be identified as a white hat hacker.
Previously, after Floor Protocol V1 was shut down, major liquidity providers began withdrawing assets from V1, causing liquidity pools to tighten. An NFT player noticed an oracle vulnerability and launched an attack on Floor Protocol partner Parallel Network.