Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
GROK was attacked and lost approximately US$56,000

GROK was attacked and lost approximately US$56,000

CointimeCointime2023/11/10 05:09
By:Cointime

Phalcon posted on X platform that GROK was attacked, resulting in a loss of about $56,000 (26 ETH). In the _transfer function of the GROK token contract, if the contract balance is greater than _taxSwapThreshold, the swapTokensForEth function can be triggered. By abusing this, attackers can harvest more GROK tokens through reverse exchanges. Finally, the attackers convert these #GROK tokens back to ETH.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case

In a significant legal win for Australia’s crypto and fintech industry, the Federal Court has overturned a previous ruling that required digital finance firm Block Earner to obtain a financial services license for its discontinued fixed-yield crypto product.

DeFi Planet2025/04/23 21:55
Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case

Symbiotic Raises $29 Million to Build Universal Staking Coordination Layer

Symbiotic, a decentralised finance (DeFi) protocol, has secured $29 million in a funding round led by Paradigm and cyber.Fund.

DeFi Planet2025/04/23 21:55
Symbiotic Raises $29 Million to Build Universal Staking Coordination Layer