Phalcon: SHIBA’s ICO project on BSC was attacked due to improper locking mechanism
Phalcon posted on X platform stating that the SHIBA ICO project on BSC was attacked due to improper locking mechanism. The attacker used 20 BNB to purchase 507.7 million locked SHIBA. However, the locked SHIBA can be transferred to PancakePair using the batchTransferLockToken function, which allows the attacker to bypass the designated lock-up period. In this case, the attacker can immediately exchange BNB from PancakePair and profit 101.7 BNB.
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
Bitcoin and Stocks Soar Amid Trade Tension Easing

Serious Flaw in XRP Ledger SDK Exposes Private Keys; Foundation Fixes with New Release
Dogecoin or Shiba Inu: Which Memecoin Could Explode First in 2025?
Perplexity AI to Testify in Landmark Google Antitrust Case
Perplexity AI, a rising competitor in the search industry, is set to play a key role as a witness in the ongoing United States Department of Justice (DOJ) antitrust trial against Google.

Trending news
MoreCrypto prices
More








