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ID:

520-token-1415

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Date:

Status:

Incident Count:

January 16, 2023

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

None

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50 pts

Audit By:

Audits:

None

Loss Amount:

11,566

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Recovered:

-

Rewards:

Ticker:

USD, 520

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100 pts
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Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Assets

Token

Contract Vulnerabilities

Extended Method:

Take advantage of a procBack() function that burned tokens in the LP

Days in Operation:

83

(0.23 Years)

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100 pts each

520 token was attacked using flash loan and price was manipulated resulting on a gain of $11.5k for the attacker. The hacker first used flashloan to get a large amount of $BUSD, swapped for 520 tokens, then called the procback() function to burn 520 token of LP address. This step will raise the price of 520 token allowing the attacker to swap 520 back for BUSD to make a profit.

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