AutoShark Finance Exploited For 2,500 BNB
Another project has suffered a security breach in Binance Smart Chain.
AutoShark Finance has been exploited resulting to 2,500 BNB of funds loss worth $822,800.
The exploiter used 100,000 BNB for the attack and minted SHARK tokens to drain the liquidity pools and sold immediately in 1inch and AnySwap decentralized exchange.
The protocol states all funds are safe and no vaults are compromised.
The protocol has issued a compensation plan starting with a new token that will be airdropped to affected users.
#SmartCrypto
