Last night, crypto projects that had used ChainSwap to launch Ethereum tokens on Binance Smart Chain lost millions to an attacker whose address now holds about $4.4 million.
The attacker managed to take control of the projects’ BSC contracts by exploiting ChainSwap. The attacker minted tokens directly to their address, then sold them on BSC’s most popular decentralized exchange, PancakeSwap.
9/ In a series of nine transactions starting at block 12701866 on Ethereum, the attacker sold a total of 1,978,844.84 $WILD for a total of $327,331.98 DAI.
— n3o (@real_n3o) July 11, 2021
The attack was first spotted and analyzed by n30, a developer at Wilder World, an Ethereum-based NFT startup backed by YouTuber Jake Paul. The attacker managed to steal 20,000,000 WILD—Wilder World’s native token.
“Liquidity pulled temporarily, please do not buy $ASAP we are investigating the exploit,” ChainSwap tweeted at 9:30 pm UTC yesterday. ASAP, ChainSwap’s native token, is down 24% and cur
Źródło: https://decrypt.co/75698/chainswap-exploit-leads-to-multi-million-loss-for-defi-tokens
