What is an infinite mint attack, and how does it work?

Learn about the devastating “infinite mint attack” in cryptocurrency. Understand how hackers exploit vulnerabilities to create unlimited tokens, causing massive inflation and price crashes.

An infinite mint attack occurs when an attacker manipulates a contract’s code to continuously mint new tokens beyond the authorized supply limit. 

This kind of hack is most common in decentralized finance (DeFi) protocols. The attack compromises the integrity and value of a cryptocurrency or token by creating an infinite quantity of them.

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