Security team CertiK has just released an update on the drop in the price of ProjectX’s PXT token, saying that the project’s Discord server is still running, and officials say the price drop was due to a hack (exploitation).
CertiK apologises for its technical issues. In previous news, CertiK said that a Rug Pull occurred in the ProjectX project, and the contract deployer made a profit of $19,000 after selling tokens.