Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
A "burn pair" design flaw on the BSC chain exploited by hackers using double reverse transactions to steal $100,000

A "burn pair" design flaw on the BSC chain exploited by hackers using double reverse transactions to steal $100,000

PANewsPANews2026/01/27 15:47
Show original

PANews January 27th news, according to BlockSec monitoring, an unknown contract on the BSC chain was exploited. The hacker conducted two reverse transactions by taking advantage of a flaw in the "burn pair" mechanism, ultimately resulting in a loss of approximately $100,000. The attacker first drained PGNLZ, then triggered the destruction and price manipulation of PGNLP, thereby siphoning off most of the USDT from the liquidity pool.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

AI Chip Expansion Continues, Applied Materials (AMAT.US) Q1 Revenue Guidance Exceeds Expectations

Applied Materials reported Q4 revenue of $10.41 billion, surpassing expectations and setting a record for the full year. Its Q1 guidance also exceeded forecasts, driven by strong demand for AI chips, and the stock rose about 3% after hours.

智通财经•2026/11/12 23:01