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AiCoin
AiCoin|Oct 15, 2025 04:44
[Suspected Attack on Ethereum Chain Causes Approximately $120,000 Loss, Key Function Vulnerability Likely the Main Cause] Phalcon alerts from BlockSec indicate multiple suspicious transactions occurred on the Ethereum chain, resulting in a loss of approximately $120,000. The attack involved two unknown contracts deployed by the same address, with transactions initiated by different external accounts (EOAs). Preliminary analysis suggests that the lack of access control in the critical functions `approveERC20` and `withdrawAll` within the victim contracts may have been the primary reason attackers were able to drain the tokens in the contracts. Notably, the `withdrawAll` function required the burning of sufficient `sil` tokens. In the second transaction, the attacker obtained `sil` tokens through a flash loan and conducted multiple token swaps before executing the main attack. This incident highlights the importance of robust access control mechanisms in smart contracts.
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Timeline

Nov 13, 15:19People are 'innovating' new ICO methods.
Nov 13, 04:59Attackers manipulate POPCAT price to attack the Hyperliquid platform
Nov 10, 00:02Comparison of Privacy Blockchains and Private Smart Contracts
Nov 09, 09:30Brevis gives blockchain memory, changing the underlying logic of DeFi
Nov 08, 02:07Smart contracts enable reliable automated execution
Nov 07, 13:46Garden attackers transferred 501 BNB and 1910 ETH
Nov 06, 10:31Balancer V2 vulnerability stems from precision loss issues
Nov 03, 15:20AI will drive cryptocurrency trading and wallets
Nov 03, 11:16Poisoning attack caused one address to lose $1,256,000 USDT
Nov 02, 02:00Uniswap's smart contract has been deployed to the Ethereum mainnet

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