Blockchain Slomist Security Company has set a critical weakness in Fourme, which is a Mimi Smart (BSC) coin launch platform, where attackers can manipulate V3 pies to take advantage of the unique symbol launch.
Weakness stems from the fact that Fourmeme does not implement price verification checks, which allowed malignant users to create bathrooms that gathered with deliberate perverted prices before launching the distinctive symbol.
slow Make up When the new symbols are transmitted to Pancakeswap V3 and adds liquidity, they automatically adopt these treated price points, enabling the attackers to drain assets.
According to Blockchain Security Peckshield’s ResultsThe accident led to the exit of the attackers by about $ 183,000.
Mim Queen, based on Meme, reacts to meme
In response to a recent harmful attack, four. Declare Suspended symbolic liquidity pools to protect the user’s assets. The development team also said it is actively addressing the issue and will restore liquidity once the reform is implemented. Meanwhile, trading on the chain is still working.
In her official statement, Fourme said,
Be reassuring, the interior money is Safu and is not affected by this attack. We will continue to monitor the situation and make time updates to society. Thank you for your understanding and support! “
Fourmeme initially acquired the market’s interest after the volatile performance of the Test (TST) symbol. Since then, the platform has increased dramatically. In fact, the data collected by sand dunes analysis Reveal The user’s growth reached its climax on February 9 with 11473 unique addresses. However, as of February 11, data shows that the user’s participation has significantly contracted to 5,301 titles.
The last attack has increased the concerns related to the security of the Mimi currency launch platforms, as they reflect a pattern of similar accidents in this industry. This event is mentioned last May when von suffered a flash loan attack, causing two million dollars losses.
Increase illegal activities targeting Web3
Zoom, with the high dependence of the cryptocurrency, there was an increase in a variety of illegal activities on the chain. Slowmist January a report Web3 security incidents revealed to $ 98.19 million of losses through 40 piracy attacks, which caused compensation for about 87.94 million dollars, with a successful $ 1.47 million.
The main incidents include $ 70 million in Exchang Phenex on January 23 and exploited $ 7.2 million to the Trading Platform P2P platform from Solana Bridge on January 1.
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