Read on Twitter
1/N We're sorry to inform the community that an attacker was able to leverage a bug in our codebase and attack pBTC on BSC, stealing 277 BTC (most of its collateral).
The other bridges were not affected. All other funds in the pNetwork are safe.
The other bridges were not affected. All other funds in the pNetwork are safe.
2/N We have identified the bug and are working on fixing it. The bridges will be re-activated as soon as it's safe to, most likely in a matter of hours.
Updates to follow.
Updates to follow.
3/N To pTokens users. We are really sorry about what happened.
We are working on a solution for users who were affected by the attack (pBTC on BSC holders only). We will keep you posted on this.
We are working on a solution for users who were affected by the attack (pBTC on BSC holders only). We will keep you posted on this.
4/N To the black hat hacker. Although this is a long shot, we're offering a clean $1,500,000 bounty if funds are returned.
Finding vulnerabilities is part of the game unfortunately, but we all want DeFi ecosystem to continue growing, returning funds is a step in that direction
Finding vulnerabilities is part of the game unfortunately, but we all want DeFi ecosystem to continue growing, returning funds is a step in that direction
5/N Status update: we have a proposed fix and we are now waiting for everyone to review it. We expect for the bridges to be back up in approximately 12 hours. We want to reassure everyone that we are prioritising security over speed.
6/N Status update: The bug on the pBTC on BSC bridge was identified and fixed. A detailed post-mortem will follow.
Bridges are being extensively reviewed for that and similar exploits. The bridges will be gradually reactivated over the next few days.
Bridges are being extensively reviewed for that and similar exploits. The bridges will be gradually reactivated over the next few days.
7/N The bridges will run with extra security measures in place for the first few days. This means slower transactions processing in exchange for higher security.
Updates to follow as the bridges go back up.
Updates to follow as the bridges go back up.
8/N Bridges:
- pBTC on EOS
- pBTC on Telos
- pLTC on EOS
are now back up and running with extra security measures in place for the first few days. You should expect longer than usual processing times.
- pBTC on EOS
- pBTC on Telos
- pLTC on EOS
are now back up and running with extra security measures in place for the first few days. You should expect longer than usual processing times.
9/N To pBTC on BSC holders. We are sorry about what happened and we want to reassure you that it's our priority to make you whole. In the meantime, pBTC on BSC is working as usual but is currently not redeemable as its bridge is suspended until further notice.
Updates to follow
Updates to follow
10/N To pNetwork community. We're sorry about what happened & we appreciate the support we have received so far
Please bear w/ us during this difficult time. We'll all come back stronger. We'll keep you updated & give you the possibility to share feedback on how to move forward
Please bear w/ us during this difficult time. We'll all come back stronger. We'll keep you updated & give you the possibility to share feedback on how to move forward
11/N Status update: the pUOS on Ultra bridge was not affected and is now back up.
A detailed post-mortem will be shared tomorrow. Updates to follow on the gradual reactivation of all other bridges.
A detailed post-mortem will be shared tomorrow. Updates to follow on the gradual reactivation of all other bridges.
12/N pNetwork Post Mortem: pBTC-on-BSC exploit 
https://medium.com/pnetwork/pnetwork-post-mortem-pbtc-on-bsc-exploit-170890c58d5f
https://medium.com/pnetwork/pnetwork-post-mortem-pbtc-on-bsc-exploit-170890c58d5f
13/N A new pNetwork DAO Proposal is now open 
Should we allow any DAO member holding at least 200,000 PNT to open new DAO proposals?
Discuss the proposal: https://forum.p.network/t/proposal-should-we-allow-any-dao-member-holding-at-least-200-000-pnt-to-open-new-dao-proposals/66
Cast your votes via Aragon or http://Eidoo.app
https://client.aragon.org/#/pnetwork/0x2211bfd97b1c02ae8ac305d206e9780ba7d8bff4/
Should we allow any DAO member holding at least 200,000 PNT to open new DAO proposals? Discuss the proposal: https://forum.p.network/t/proposal-should-we-allow-any-dao-member-holding-at-least-200-000-pnt-to-open-new-dao-proposals/66 Cast your votes via Aragon or http://Eidoo.app https://client.aragon.org/#/pnetwork/0x2211bfd97b1c02ae8ac305d206e9780ba7d8bff4/
14/N Status update: additional bridges have been restarted, namely
pEOS-on-BSC
pBEP20-on-ETH
pTLOS-on-ETH
pBEP20-on-Polygon
pEOS-on-ETH
pEOS-on-Polygon
pERC20-on-BSC
pERC20-on-EOS
pERC20-on-Telos
pERC20-on-xDai
pTLOS-on-BSC
pEOS-on-BSC
pBEP20-on-ETH
pTLOS-on-ETH
pBEP20-on-Polygon
pEOS-on-ETH
pEOS-on-Polygon
pERC20-on-BSC
pERC20-on-EOS
pERC20-on-Telos
pERC20-on-xDai
pTLOS-on-BSC
15/N Status update: all bridges are back and running as usual 
The pBTC-on-BSC bridge remains temporarily disabled while discussions on the compensation plan are ongoing
The pBTC-on-BSC bridge remains temporarily disabled while discussions on the compensation plan are ongoing
16/N pBTConBSC Compensation plan, Proposal 1 is here & aims to
recoup the value lost by pBTConBSC holders
convert creditors into pNetwork stakeholders
increase the number of pNetwork nodes
set the basis for pNetwork's organic growth
Proposal https://forum.p.network/t/community-discussion-pbtc-on-bsc-compensation-plan-proposal-1/87
recoup the value lost by pBTConBSC holdersconvert creditors into pNetwork stakeholdersincrease the number of pNetwork nodesset the basis for pNetwork's organic growthProposal
https://forum.p.network/t/community-discussion-pbtc-on-bsc-compensation-plan-proposal-1/87
17/N New pNetwork DAO proposal is open
Should the DAO redirect DAO members' rewards for the current epoch (approx. 400k PNT) towards pBTC-on-BSC holders affected by the recent hack so as to enable them to join future DAO voting proposals?
Vote
https://client.aragon.org/#/pnetwork/0x2211bfd97b1c02ae8ac305d206e9780ba7d8bff4/vote/12/
Should the DAO redirect DAO members' rewards for the current epoch (approx. 400k PNT) towards pBTC-on-BSC holders affected by the recent hack so as to enable them to join future DAO voting proposals?Vote
https://client.aragon.org/#/pnetwork/0x2211bfd97b1c02ae8ac305d206e9780ba7d8bff4/vote/12/
18/N The pNetwork DAO has voted in favour of redirecting DAO members' rewards for the current epoch towards pBTC-on-BSC/Ellipsis LP holders so as to enable them to join future DAO voting proposals.
Implementation details https://forum.p.network/t/implementation-of-dao-voting-proposal-12-pbtc-on-bsc-compensation-plan/117
Implementation details
https://forum.p.network/t/implementation-of-dao-voting-proposal-12-pbtc-on-bsc-compensation-plan/117
19/N Status update: The full list of addresses included in the snapshot and therefore eligible to claim PNT tokens (step 0) is available on the forum https://forum.p.network/t/implementation-of-dao-voting-proposal-12-pbtc-on-bsc-compensation-plan/117/2?u=bertani
https://forum.p.network/t/implementation-of-dao-voting-proposal-12-pbtc-on-bsc-compensation-plan/117/2?u=bertani
20/N Status update: Details for claiming PNT tokens (step 0) are available on the forum https://forum.p.network/t/implementation-of-dao-voting-proposal-12-pbtc-on-bsc-compensation-plan/117/3?u=bertani
https://forum.p.network/t/implementation-of-dao-voting-proposal-12-pbtc-on-bsc-compensation-plan/117/3?u=bertani
21/N Status update: A new revision of the compensation plan based on community feedback is available on the forum 
https://forum.p.network/t/community-discussion-pbtc-on-bsc-compensation-plan-proposal-1/87/29?u=bertani
A pNetwork Community Call dedicated to the pBTC-on-BSC compensation plan will be hosted October 19th at 6pm BST https://us02web.zoom.us/webinar/register/WN_R9Evp_IMQ-GDYT_EJuoGhw
https://forum.p.network/t/community-discussion-pbtc-on-bsc-compensation-plan-proposal-1/87/29?u=bertaniA pNetwork Community Call dedicated to the pBTC-on-BSC compensation plan will be hosted October 19th at 6pm BST
https://us02web.zoom.us/webinar/register/WN_R9Evp_IMQ-GDYT_EJuoGhw
22/N Status update: A new revision of the compensation plan based on the feedback received during the community call is available on the forum. Here: https://forum.p.network/t/community-discussion-pbtc-on-bsc-compensation-plan-proposal-1/87/38?u=bertani
The Compensation plan, Proposal 1 draft v0.6 is expected to move up into a DAO proposal within 2 days.
The Compensation plan, Proposal 1 draft v0.6 is expected to move up into a DAO proposal within 2 days.
23a/N Status update: A new pNetwork DAO proposal is now open
Should the DAO recoup the value lost by pBTC-on-BSC holders affected by the recent hack via the 2-steps process (NFT sale + partial redirection of DAO member rewards) described in the Proposal 1 (rev0.6)?
Should the DAO recoup the value lost by pBTC-on-BSC holders affected by the recent hack via the 2-steps process (NFT sale + partial redirection of DAO member rewards) described in the Proposal 1 (rev0.6)?
23b/N The voting proposal is open both on Ethereum and BSC. Cast your votes
- via Aragon (Ethereum) https://client.aragon.org/#/pnetwork/0x2211bfd97b1c02ae8ac305d206e9780ba7d8bff4/vote/13/
- via http://eidoo.app (Ethereum)
- via Snapshot (BSC) https://snapshot.org/#/pnetwork-dao.eth/proposal/QmVmvQf3mnAFqRsiLjysCu5HYrU3H7tPtTz5FBAoAZy9KL
The voting proposal is open both on Ethereum and BSC. Cast your votes - via Aragon (Ethereum) https://client.aragon.org/#/pnetwork/0x2211bfd97b1c02ae8ac305d206e9780ba7d8bff4/vote/13/
- via http://eidoo.app (Ethereum)
- via Snapshot (BSC) https://snapshot.org/#/pnetwork-dao.eth/proposal/QmVmvQf3mnAFqRsiLjysCu5HYrU3H7tPtTz5FBAoAZy9KL
24/N Status update: Implementation details for Step 1 & Step 2
https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153
IMPORTANT: nft pre-sale applications open Monday November 15th, 2021 at 5pm UTC. First come, first served.
https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153
IMPORTANT: nft pre-sale applications open Monday November 15th, 2021 at 5pm UTC. First come, first served.
25/N pNetwork NFT Pre-sale is sold out https://forum.p.network/t/nft-pre-sale-application-submit-here-your-applications-to-join-the-nft-pre-sale/228
https://forum.p.network/t/nft-pre-sale-application-submit-here-your-applications-to-join-the-nft-pre-sale/228
26/N NFT Pre-sale participants list: https://docs.google.com/spreadsheets/d/1uO0fs09Mu24r8HkU6IiKDK0kWjPHchg65RLiEQDony0/edit#gid=0
To complete the pre-sale, please enroll in the compensation plan and send the pBTC-on-BSC to the specified address. More details: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153
To complete the pre-sale, please enroll in the compensation plan and send the pBTC-on-BSC to the specified address. More details: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153
27a/N NFT Pre-sale confirmed participants list: https://docs.google.com/spreadsheets/d/1zl9-I3lR9f8D0k9G8Hrlnt4DfvPjO0ONUFhNpB1jcsk/edit?usp=sharing
If you are in the NFT Pre-sale confirmed participants list, it means you are now part of the NFT Pre-sale drop.
If you are in the NFT Pre-sale confirmed participants list, it means you are now part of the NFT Pre-sale drop.
27b/N Due to one address not completing the Pre-sale, 39 Pre-sale NFTs are being reallocated to the next in line NFT Pre-sale application addresses (following the same NFT Pre-sale application rules).
2nd round participants: https://docs.google.com/spreadsheets/d/1zl9-I3lR9f8D0k9G8Hrlnt4DfvPjO0ONUFhNpB1jcsk/edit?usp=sharing
2nd round participants: https://docs.google.com/spreadsheets/d/1zl9-I3lR9f8D0k9G8Hrlnt4DfvPjO0ONUFhNpB1jcsk/edit?usp=sharing
28/N Status update: Step 2 start
Details on how to participate in the compensation plan Step 2 are available on the forum: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153/3
A snapshot (Snapshot 2.1) for Claim 2.1 will be taken November 23rd, 2021 at 5pm UTC (tomorrow).
Details on how to participate in the compensation plan Step 2 are available on the forum: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153/3
A snapshot (Snapshot 2.1) for Claim 2.1 will be taken November 23rd, 2021 at 5pm UTC (tomorrow).
29/N Status update: Claim 2.1
pBTC-on-BSC holders are now able to claim for Step 2, Claim 1. Please follow the instructions on the forum to claim: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153/4
Snapshot 2.1 participants list: https://docs.google.com/spreadsheets/d/1LCOCR9AnL8uKsIYciHDv1WC7kJ7RwyUv1aq20BCZDRE/edit?usp=sharing
pBTC-on-BSC holders are now able to claim for Step 2, Claim 1. Please follow the instructions on the forum to claim: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153/4
Snapshot 2.1 participants list: https://docs.google.com/spreadsheets/d/1LCOCR9AnL8uKsIYciHDv1WC7kJ7RwyUv1aq20BCZDRE/edit?usp=sharing
30/N Status update: The NFT drop for Pre-sale participants started yesterday is now complete. 3,000 NFTs have been distributed to NFT Pre-sale confirmed participants.
Read more on the forum: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153/6
Read more on the forum: https://forum.p.network/t/implementation-of-dao-voting-proposal-13-pbtc-on-bsc-compensation-plan/153/6
31/N Proposal for pBTC-on-BSC holders: Should pBTC-on-BSC-v1 be accepted as payment method for the Early-bird NFT Sale on BSC?
Cast your vote: https://snapshot.org/#/pnetwork-pbtconbscv1-holders.eth/proposal/0x0e74366220221de3449b3aaa9368a03726df6b160724f9651f664beb5805e2d4
Review the proposal: https://forum.p.network/t/should-pbtc-on-bsc-v1-be-accepted-as-a-payment-method-for-the-early-bird-nft-sale-on-bsc/278
Vote closes Dec 21st at 4pm GMT
Cast your vote: https://snapshot.org/#/pnetwork-pbtconbscv1-holders.eth/proposal/0x0e74366220221de3449b3aaa9368a03726df6b160724f9651f664beb5805e2d4Review the proposal: https://forum.p.network/t/should-pbtc-on-bsc-v1-be-accepted-as-a-payment-method-for-the-early-bird-nft-sale-on-bsc/278Vote closes Dec 21st at 4pm GMT
