Security· ★★· bearish·

Pirate Chain bug mints 20% extra coins

  • —The flaw produced about 20% more coins than the intended supply schedule
  • —Pirate Chain is a privacy-focused chain built on zk-proof transactions
  • —The size of the loss and planned fixes were not disclosed
Why it matters: An emission failure in a privacy chain undermines confidence in its monetary policy and could weigh on ARRR.
#ARRR
Source: Google News (crypto query)
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