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An unknown smart contract on the BSC chain was hit by a price manipulation attack, resulting in a loss of around $133,000

1 hours ago

March 27: Monitoring from BlockSec Phalcon (@Phalcon_xyz) shows an unknown staking contract on Binance Smart Chain (BSC) was exploited, leading to losses of approximately $133,000. The incident stemmed from an immediate (spot) price dependency vulnerability in the contract. The attacker first manipulated the price of the TUR token in the TUR-NOBEL liquidity pool, then staked TUR in the staking contract. This triggered reward calculations based on the inflated TUR price, and the attacker extracted amplified rewards via three referral accounts—depleting all TUR tokens in the contract before converting them to USDT for profit.
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