Cryptocurrency
[loss] $1M+
Tweet thread by CertiK
Primary Source ↗Financial Loss
$1.4M
(1,448,974 USD)
Blockchain(s)
Bsc
Incident Details
An attacker exploited a bug in the smart contract for a BSC-based token called CUT, draining a PancakeSwap liquidity pool of almost $1.45 million in the BSC-USD stablecoin.
Total loss estimated at $1,448,974.
Technical Details
- Initial Attack Vector
- Flash loan attack on smart contract
- Vendor / Product
- CUT token
Timeline
- 2024-09-10 Breach occurred
- 2024-09-10 Publicly disclosed