ERC-X Project Miner Reports Contract Vulnerability, Token Price Plummets

According to BlockBeats, on February 14th, the cryptocurrency experiment ERC-X project Miner announced a vulnerability in its contract. The _update function was exploited, allowing users to double their balance if they transferred tokens to themselves, as the contract used cached balance values. As a result, the price of MINER tokens dropped significantly, with market data showing a 24-hour decline of 82.02%, trading at $18.98.