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🚀 Smart Contract Vulnerability Leads to Flash Loan Attack on BSC

According to PANews, a flash loan attack on the Binance Smart Chain (BSC) has resulted in an estimated loss of $130,000. The incident involved an unknown smart contract named MSCST, which was exploited due to a missing access control in the releaseReward() function. This vulnerability allowed the attacker to manipulate the price of GPC tokens within the PancakeSwap liquidity pool (0x12da).

#SmartContract #Vulnerability #FlashLoanAttack #BinanceSmartChain #BSC #PancakeSwap #GPCtokens #AccessControl #MSCST #CryptoSecurity #Blockchain #BNB