25.06.2025 07:15

A significant exploit targeting the Binance Smart Chain (BSC) resulted in a loss of approximately $2 million, according to a recent alert from the blockchain security firm CertiK. This incident, among many others, highlights the escalating risks within the cryptocurrency ecosystem.

CertiK's findings reveal a concerning trend: May alone witnessed losses exceeding $140 million due to hacks, scams, and exploits, with an additional $162 million in assets frozen. Phishing attacks represented a substantial portion of this, accounting for roughly $8.5 million in losses. The rising frequency of such attacks underscores the urgent need for enhanced security measures across the entire cryptocurrency landscape.

The BSC exploit involved a known attacker utilizing the address 0xd5c6f3B71bCcEb2eF8332bd8225f5F39E56A122c. This individual repeatedly exploited a function called "printMoney()" within a compromised smart contract. This allowed them to drain funds from an unwitting victim, identified by the address 0xb5cb0. The attacker’s success hinged on gaining unauthorized access to the victim's contract.

CertiK suggests that the victim's private key was likely compromised, possibly through a phishing attack, approximately eight hours before the exploit. This compromise granted the attacker full authority to transfer the victim's tokens. The swift and decisive actions of the attacker, who subsequently moved and held the stolen funds, underline the sophisticated nature of these attacks and the challenges in mitigating them. Internet sources confirmed that the attacker converted the stolen $2 million and is currently holding it.