A significant vulnerability at Bankroll Status, a decentralized finance (DeFi) platform on the BNB Chain, has been discovered by cybersecurity firm Cyvers. The cyberattack, which caused a startling $230,000 loss, seems to have been carried out by the infamous DualPools hacker group.
Cyvers claims that its technology identified the suspicious transaction as a component of a larger nefarious activity. Their team has been monitoring the cybercriminal’s activities, and the data they’ve gathered suggests that a smart contract that was implemented ninety days ago may have been the entry point for this theft.
The cybercriminal’s methods seem to be similar to those used in earlier DualPools attacks in that they infiltrate DeFi ecosystems with malicious smart contracts in order to progressively drain money from gullible users.
Cyvers has issued a strong warning to platforms and users alike, advising them to take quick action to preserve their assets, even as the research into the precise mechanics of the attack is still underway. Their systems are in the process of locating any more weaknesses in Bankroll Status and other platforms that might be the focus of such assaults.
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