PANews reported on March 12 that, according to BlockSec Phalcon monitoring, the AM/USDT pool on the BSC chain was attacked several hours ago, with an estimated PANews reported on March 12 that, according to BlockSec Phalcon monitoring, the AM/USDT pool on the BSC chain was attacked several hours ago, with an estimated
BlockSec: BSC on-chain AM/USDT pool suffers attack, resulting in a loss of approximately $131,000.
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PANews reported on March 12 that, according to BlockSec Phalcon monitoring, the AM/USDT pool on the BSC chain was attacked several hours ago, with an estimated loss of approximately $131,000. The root cause was a flaw in the burn mechanism, which was exploited to manipulate the AM reserves in the pool and artificially inflate the token price. The attacker first manipulated toBurnAmount, then triggered the burn logic after adjusting the AM balance in the pool, causing the AM reserves to drop to an abnormally low level. This allowed the attacker to sell AM back into the pool at an artificially inflated price for profit.
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