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.

  • Quote

Name

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.

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Another Memecoin Hacked: It Lost 97 Percent Value in Seconds

Source URL

https://en.bitcoinsistemi.com/another-memecoin-hacked-it-lost-97-percent-value-in-seconds/

Referenced by

The attackers of Based Doge memecoin took advantage of a vulnerability in the memecoin’s smart contract

Crypto

Claim

The Developers of Based Doge stated that the attack on the token was caused by a vulnerability in the token’s smart contract.

Crypto

Claim

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

Crypto

Claim