April 25, 2024
Security News

Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest

A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.  According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade.  The function included a bug that allowed the hacker to compromise the project's liquidity pool and drain almost $9 million worth of assets. ... Read More: Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest