Binance Smart Chain
Flash loans, vulnerability with swap method
Days in Operation:
FSwap is an innovative AMM+NFT decentralized exchange, which can realize efficient liquidation on the encrypted asset and cross-chain asset transaction.
It seems, per Peckshield Alert, that the DEX was hacked and 1751 BNB was taken into Tornado.Cash. BlockSec indicated that the core of this attack is that the project party mistakenly set the fee collector as the pair contract instead of the user itself, which causes the number of tokens in the pool to be consumed, resulting in arbitrage risk.
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