The post Safemoon Network Exploited, $8.9 Million Lost – Here’s Complete Story appeared first on Coinpedia Fintech News
On March 28, Safemoon Network experienced an attack on its BNB liquidity pool, resulting in a loss of approximately $8.9 million. The attack exploited a faulty smart contract design that allowed any user to burn tokens from any address. The attacker siphoned SFM tokens from the Safemoon-WBNB liquidity pool, artificially raising the SFM price, and …
