🚨🚨🚨A vulnerability related to the “burn pair” mechanism has recently been discovered on the BNB Smart Chain (BSC), allowing a hacker to steal approximately $100,000 by exploiting a double reverse transaction strategy.

According to market sources, an unidentified smart contract on BSC became the target of the attack. The attacker took advantage of a flaw within the “burn pair” mechanism to execute a series of reverse transactions, resulting in significant losses for the affected protocol.

Specifically, the hacker first drained all PGNLZ tokens, then triggered the burning mechanism of PGNLP. This action enabled price manipulation within the liquidity pool, allowing the attacker to extract the majority of USDT from the pool. The exploit was completed with total losses estimated at around $100,000.

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