Binance Smart Chain
Incorrect implementation of price feeder
Days in Operation:
Loser coin ($lowb) experienced a flash loan attack, leading to approximately ~$10K USD worth of asset loss. The root cause is that the Pancake LP’s reserves are directly used as the price feeder for their LUSD contract, thus allowing the attacker to manipulate the price via flash loan.
In total approximately 10,415 USDT (~10,000 USD) was lost, which has been sold for 37.89 BNB and 36.3 BNB was transferred out of the attackers wallet to Tornado cash.
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