🚨 GNUS, the AI blockchain network, got a taste of its own medicine when a hacker minted 100 million fake GNUS tokens, causing a $1.27 million loss! 😱 The hacker used the Axelar bridge protocol to create a Fantom network version of the token, and then sold it into the Ethereum market. The GNUS team is now scrambling to release a new version of the token and has urged users to stop buying the old one. 💸

CEO "SuperGenius" revealed that the hacker accessed their private Discord messages. As a quick fix, the team will deposit $1 million worth of Ether and fees into a liquidity pool for the new token. 🚀

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Despite the setback, blockchain networks are becoming more secure. April saw the fewest losses from exploits since 2021. So, keep calm and crypto on! 💪