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BlockSec says TENDRIL/USDT pool on BNB Chain attacked for about $556,000

NewsFeeds update

BlockSec says an attacker used about $30.6m in flash-loan USDT to manipulate the TENDRIL/USDT pool on BNB Chain, exploiting a 30% sell-tax flaw to drain roughly $4.42m in USDT and repay the loan in the same transaction, netting about $308,960.

AltcoinsOdailyAIBearish

Read the original on Odaily

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Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.