PancakeSwap BCE-USDT Pool on BNB Smart Chain Exploited for About $679,000

BlockSec reported that about $679,000 was drained from the PancakeSwap BCE-USDT liquidity pool on BNB Smart Chain on March 23. Preliminary analysis said the exploit was linked to a flaw in BCE’s burn mechanism, which allowed an attacker to deploy two malicious contracts, bypass trading limits, and distort the pool’s reserves.

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