Will its price go up or not? My account is completely empty. I am very disappointed. @Binance BiBi
Publier
Spot Team
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Oliver Feldmeier
GAIN Incident @Griffin_AI
Several hours ago GAIN (BNB chain) experienced abnormal minting and dumping, leading to a sharp price drop.
Our investigation confirms the cause:
- An unauthorized LayerZero peer setup was introduced.
- The attacker deployed a fake Ethereum contract ($TTTTT at 0x7a8caf).
- They then added this as the LayerZero peer for GAIN’s Ethereum endpoint (instead of the official ETH token at 0xccdbb9).
- Using this fake peer, they minted 5B GAIN on BNB chain and began dumping on-chain.
Attacker wallet (currently holding excess supply):
0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
https://bscscan.com/address/0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/OliFeldmeier/status/1971041547513889229
GAIN Incident @Griffin_AI
Several hours ago GAIN (BNB chain) experienced abnormal minting and dumping, leading to a sharp price drop.
Our investigation confirms the cause:
- An unauthorized LayerZero peer setup was introduced.
- The attacker deployed a fake Ethereum contract ($TTTTT at 0x7a8caf).
- They then added this as the LayerZero peer for GAIN’s Ethereum endpoint (instead of the official ETH token at 0xccdbb9).
- Using this fake peer, they minted 5B GAIN on BNB chain and began dumping on-chain.
Attacker wallet (currently holding excess supply):
0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
https://bscscan.com/address/0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/OliFeldmeier/status/1971041547513889229
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