ChainBleedv0.1 · open intel
← back to feed·BSCLOGIC2024-03-14 · 2y ago
Incident · SLOWMIST

Introspection Token

Contract Vulnerability
Estimated loss
$15.2K
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
LOGIC
LOGICBYTECODE CATCHABLEAI SCANNABLE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

On March 14, 2024, according to intelligence from the SlowMist security team, the IT token on the BSC was attacked, with the attacker profiting approximately $15,200. The attacker exploited the transfer function in the IT token, which allowed additional tokens to be minted to the pool based on the amount of tokens being exchanged, gradually increasing the reserve of IT tokens in the pool, manipulating the price, and continuously exchanging BSC-USD tokens from the pool for profit. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 15,200.

Primary source
https://twitter.com/SlowMist_Team/status/1768104947541840111
Sourced from
slowmist
Technical record
chain
bsc
protocol
Introspection Token
bug_class
logic
date_occurred
2024-03-14
loss_usd
$15,200
source_id
sm:introspection-token::2024-03-14
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