The attackers of Based Doge memecoin used a flash loan to issue new tokens and drain the liquidity pool of the Based Doge token.

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The attackers of Based Doge memecoin used a flash loan to issue new tokens and drain the liquidity pool of the Based Doge token.

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Details of the attack were also disclosed. According to the developers, the attack was caused by a vulnerability in the token's smart contract. The attacker used the flash loan technique to issue new tokens and drained the liquidity pool, deeply affecting the value of the token.

Topics

In-depth analysis of the smart contract exploit on Based Doge