Out of nowhere, 10 million extra tokens appeared. How are people still falling for this old cross-chain bridge exploit? Cysic got drained for $727,000—a pretty big hit.
On-chain data shows 7.2 million tokens have been swapped for 306.6 $ETH . Cross-chain bridge security has always been a major weak point, and the funds are flowing to Ethereum, so the local selling pressure hasn’t let up yet.
For now, I’m staying put and waiting for an update from the official account. I’m more focused on the buying support on-chain at $BNB . Don’t try to catch the falling knife before that eight-figure sell pressure has been absorbed.
Sudden black swan events are the ultimate test of your chart-reading skills. Want to know if my read is right? Join the spot trading competition S6 and battle it out. Real-world trading is the only true test.
Do you think this was a code vulnerability or an inside job? Comment 1 if you think it was a vulnerability; comment 2 if you suspect an insider.
#Write2Earn #BinanceSquare #BNB Security #TradingTournament
On-chain data shows 7.2 million tokens have been swapped for 306.6 $ETH . Cross-chain bridge security has always been a major weak point, and the funds are flowing to Ethereum, so the local selling pressure hasn’t let up yet.
For now, I’m staying put and waiting for an update from the official account. I’m more focused on the buying support on-chain at $BNB . Don’t try to catch the falling knife before that eight-figure sell pressure has been absorbed.
Sudden black swan events are the ultimate test of your chart-reading skills. Want to know if my read is right? Join the spot trading competition S6 and battle it out. Real-world trading is the only true test.
Do you think this was a code vulnerability or an inside job? Comment 1 if you think it was a vulnerability; comment 2 if you suspect an insider.
#Write2Earn #BinanceSquare #BNB Security #TradingTournament