ValueDefi, a Binance Smart Chain based Defi protocol has become the latest protocol on BSC to face exploit as scammers managed to exploit its automated market maker (AMM) known as vSwap to steal $11 million worth of crypto assets from non 50/50 pools. This is the second exploit on the ValueDefi within a week as another $6 million were lost due to contract reinitialization.
1/8
Another weekend with a DeFi exploit on BSC, and this time the AMM called vSwap from @value_defi is in trouble.
About $11M was stolen today from non 50/50 pools, in addition to $6M already lost this week as a result of contract reinitialization.
Let’s see what happened pic.twitter.com/Db2mnfCxVn
— Igor Igamberdiev (@FrankResearcher) May 8, 2021
A total of 9 out of the 16 pools were exploited by the scammers and stole the following amounts of different digital assets in the exploited pools,
15k BNB – 2.7k
FARM – 1.7k
BASv2 – 8.5M
BDO – 68.3k
BUSD – 41.4k
MDG – 945k
VBOND – 1.2M
BAC – 11k FIR
Źródło: https://coingape.com/bsc-based-valuedefi-exploited-for-11m-by-scammers/
