ThreatCluster

Port3 Network Token Crashes 80% Following Exploit

First seen 24 Nov 2025, 00:23 UTC Bitget 22

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ThreatCluster

The PORT3 token of Port3 Network plummeted over 80% after reports emerged of a hack that allowed an attacker to mint one billion PORT3 tokens. This incident caused the token's market cap to drop from approximately $18.5 million to $3.5 million in just over an hour. The project team is currently formulating a follow-up plan to address the situation.