A "burn pair" design flaw on the BSC chain exploited by hackers using double reverse transactions to steal $100,000
PANews January 27th news, according to BlockSec monitoring, an unknown contract on the BSC chain was exploited. The hacker conducted two reverse transactions by taking advantage of a flaw in the "burn pair" mechanism, ultimately resulting in a loss of approximately $100,000. The attacker first drained PGNLZ, then triggered the destruction and price manipulation of PGNLP, thereby siphoning off most of the USDT from the liquidity pool.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
E3 Lithium warrants from equity offering set to begin trading on TSXV
Enertork amends semiannual report to add treasury stock disclosures
