BlockSec detects suspicious activity on the BSC network; CoinEdition hack suspected

BlockSec detects suspicious activity on the BSC network; Suspected hacks
  • BlockSec has identified some suspicious activity within the BSC network.
  • The platform informed that a certain address is suspected of launching attacks by exploiting callbacks for a quick loan.
  • It was also explained that the attack involved the creation of fake trades.

Blockchain security platform, Blocksec, dedicated to providing reliable security services through its cutting-edge research, has spotted and notified crypto aspirants about “some suspicious behavior” on Binance Smart Chain (BSC).

On February 4, Blocksec tweeted that a specific address was suspected of launching attacks against BSC:

The platform identified in detail that the wallet with the address 0x52fb0518e43b3d8d6d5af4f12961234a671cfd8e would cause several attacks on the BSC network “by exploiting the flashloan callbacks of some contracts (trading bots?) to collect tokens”.…

Post BlockSec detects suspicious activity on BSC network; Suspects Hacks appeared first on Coin Edition.

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