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Oyster Protocol Token Contract Hacked

Oyster, a blockchain for utilizing decentralized mesh network, has reported that the Oyster Protocol Token Contract was hacked where a loophole was used to transfer tokens.

According to reports, a transferDirector function was used by the hacker who re-opened the ICO for PRL tokens and re-issued new tokens (1 ETH = 5000 PRL / .04 per PRL). According to Oyster, an upward of 3 million tokens were…