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
Trending news
MoreSharkninja Inc. has been selected to join the S&P MidCap 400 Index, while HUAYUAN FOOD and F&G Annuities & Life Inc. will be included in the S&P SmallCap 600 Index.
Recent filings by vTv Therapeutics Inc. to the U.S. Securities and Exchange Commission (SEC) show that the company has increased its allocation of Class A common shares issued under the at-the-market offering (ATM) plan to the full amount.
