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BlockSec Spots Suspicious Activities on BSC Network; Suspects Hacks

Published 2023-02-05, 03:49 a/m
© Reuters.  BlockSec Spots Suspicious Activities on BSC Network; Suspects Hacks

Coin Edition -

  • BlockSec identified some suspicious activities within the BSC network.
  • The platform informed that a specific address is suspected to launch attacks by exploiting the flash loan callbacks.
  • It also explained that the attack involved the creation of dummy trades.

The blockchain security platform, Blocksec, destined to provide reliable security services through its cutting-edge research, spotted and informed the crypto aspirants about “some suspicious behaviors” on Binance Smart Chain (BSC).

On February 4, Blocksec tweeted that a specific address, is suspected to launch attacks on BSC:

In detail, the platform identified that the wallet with the address 0x52fb0518e43b3d8d6d5af4f12961234a671cfd8e would inflict the BSC network with several attacks by “exploiting the flashloan callbacks of some contracts (trading bots?) to harvest tokens”.…

The post BlockSec Spots Suspicious Activities on BSC Network; Suspects Hacks appeared first on Coin Edition.

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