Binance Smart Chain
Days in Operation:
Peckshield Alert reported a flash loan attack against RES token.
Onchain analysis indicated that two flash loans were utilized to obtain a profit of at least $224k. The funds remain at the exploiter's address.
BlockSec pointed the issue to the controllable external function (thisAtoB). thisAtoB function allows to swap RES tokens in the contract to ALL tokens through the RES-BSCUSD-ALL path. By using flashloans, the attacker successfully made the pools unbalanced to manipulate the prices, and then swapped the tokens back to make profits.
DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose.
Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.