CCC, a token on BNB Smart Chain (BSC), was hit by an exploit that caused an estimated loss of about $117,000, according to monitoring cited by ChainCatcher and attributed to TenArmorAlert. The alert said the attacker abused the contract’s sell() function. That mechanism was used to burn CCC tokens from the liquidity pool, or LP pool, which then triggered abnormal price swings in the token. No other details, including the identity of the attacker or any remediation steps, were provided in the source item. The report was published by ChainCatcher as a short market update.
CCC, a token on BNB Smart Chain (BSC), got exploited, with losses put at roughly $117,000, based on TenArmorAlert monitoring cited by ChainCatcher.
The attacker abused the contract’s sell() function to burn CCC tokens from the LP pool. That triggered abnormal price volatility.
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