Infinite Mint Attack

« Back to Glossary Index

An infinite mint attack is said to have happened when an unwanted entity or malicious actor mints an absurd or infinite amount of the tokens within a protocol. This increases the supply to an unhealthy amount and debases the value of individual tokens. Additionally, the attackers might attempt to dump all the minted tokens on the crypto market and cause the price to crash. The attack lets the attackers bag millions of dollars worth of tokens.

« Back to Glossary Index

Check Also

etoro-review

eToro Review: A Guide To Trading On The Popular Platform

If you’re looking to invest in the stock market or cryptocurrency, eToro might be the …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.