Pigeoncoin (PGN), a small-scale, barely traded digital asset, saw a day-long exploit generate almost 25% of the total supply of coins by exploiting the “server inflation bug” inherited from Bitcoin. While Bitcoin, Bitcoin Cash, Litecoin, and other large coins were quick to patch the bug, small projects may be still under threat from the exploit, which can generate an unlimited number of coins.
The Pigeoncoin hack, however, was hardly profitable - at the most, the exploit could have generated $15,000 at market prices. PGN trades at $0.000066 and has negl...
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