Phalcon: SHIBA’s ICO project on BSC was attacked due to improper locking mechanism
Phalcon posted on X platform stating that the SHIBA ICO project on BSC was attacked due to improper locking mechanism. The attacker used 20 BNB to purchase 507.7 million locked SHIBA. However, the locked SHIBA can be transferred to PancakePair using the batchTransferLockToken function, which allows the attacker to bypass the designated lock-up period. In this case, the attacker can immediately exchange BNB from PancakePair and profit 101.7 BNB.
FTX address moves approximately $4.9 million worth of tokens on Ethereum and BNB Chain
PaShield monitoring shows that a wallet labeled as FTX has transferred approximately $4.9 million worth of cryptocurrency on both Ethereum and BNB Chain. This includes:22,948.56 CAKE ($51,405.23)37,735,856.65 CHZ ($2,893,623.49)1,578,590.83 ENJ ($426,501.92)4,454,242.27 LRC ($997,090.72)76.23 PAXG ($148,138.43)475,111 USDT ($475,111)
JustinSun bridges 40.66 million USDD from BNB Chain to BitTorrent
On November 13th, according to PeckShield data, Justin Sun transferred approximately 40.66 million USDD (about 40.489 million US dollars) from BNB Chain to BitTorrent about half an hour ago.
BNB Greenfield mainnet and testnet issues have been resolved
BNB Chain stated on social media that the issues with the decentralized data storage network BNB Greenfield mainnet and testnet have been resolved and everything has returned to normal.
BNB Greenfield: There was a problem uploading mainnet files, and the team is working hard to restore it
BNB Chain announced on X platform that there are currently issues with file uploading on the BNB Greenfield mainnet, and the core team and validators are working to restore it.
The Final Battle of BNB Chain: AMA with Core Development Team.
What is the significance of BNB Chain and opBNB among many L2 solutions?
Report: BNB smart chain fraud losses fell 75% in the third quarter
According to a report from security company HashDit, as reported, scams on the Binance Smart Chain (BSC) decreased from $55.4 million in Q2 2023 to $13.6 million in Q3, a 75% decrease in losses. The company attributes this drop to a variety of factors, including increased awareness among community members, the rise of security products that identify malicious websites and activities, and community members detecting scams early and issuing warnings before scammers can take advantage.
A whale withdrew $5.6 million worth of BNB from Binance and deposited it into DEX
According to data monitored by Lookonchain, in the past 3 days, a certain whale extracted 22,319 BNB from Binance (equivalent to 5.6 million US dollars) and provided liquidity on Biswap and PancakeSwap to earn trading fees. The price of BNB has risen by 10% in the past week.
Kinza Finance TVL breaks $10 million
According to official sources, the total locked value (TVL) of the Kinza Finance lending protocol on the BNB Chain ecosystem has exceeded $10 million. Previously, the DeFi lending protocol Kinza Finance launched an airdrop point system, which provides real-time feedback on airdrop points based on the amount and duration of liquidity deposited by users on the Kinza mainnet, to determine the amount of airdrop allocation that users are eligible for after the KZA TGE. On August 4th, Binance Labs announced that it has invested in four of the best-performing projects in the sixth season of its Most Valuable Builder (MVB) program, including Kinza Finance.
A whale repaid the debt of 20,000 BNB on Venus Protocol
The Data Nerd has monitored that in the past 2 hours, Whale 0x06a has repaid 20,000 BNB (worth $4.87 million) in debt on Venus Protocol. The remaining debt balance is 8,690 BNB (worth $2.12 million). In addition, they have also pledged USDT, BTC, and BUSD worth $19 million on Venus Protocol.
