Cryptocurrency
[loss] $3M+
Tweet by PeckShieldAlert
Primary Source ↗Financial Loss
$2.6M
(2,600,000 USD)
Blockchain(s)
Bsc
Incident Details
The security firm PeckShield reported that the Pye ecosystem had been targeted with a flash loan attack, which drained around $2.6 million from the protocol. Pye is a group of defi software projects built on the Binance Chain. The project had just undergone a large migration, and it appeared the bug may have been introduced in the new contracts.
Total loss estimated at $2,600,000.
Technical Details
- Initial Attack Vector
- Flash loan attack on smart contract
- Vendor / Product
- Pye
Timeline
- 2022-03-24 Breach occurred
- 2022-03-24 Publicly disclosed