DeFi Exploit on BSC: What Happened, How It Worked, and How to Protect Yourself DeFi Exploit on BSC: What Happened, How It Worked, and How to Protect Yourself Another high-profile exploit struck a DeFi AMM on Binance Smart Chain. Below is a concise, practical breakdown: attack mechanics, impact, and a user security checklist to lower your exposure going forward. Rapid on-chain attacks can drain liquidity pools in minutes—monitor risks before depositing capital. Key takeaways Likely vector: Non-50/50 pools and re-initialization/price manipulation patterns are common in similar exploits. Impact: Multi-million dollar losses can occur within a few blocks when oracles/pool math are abused. User actions: Cap exposure, favor audited/long-running contracts, and monitor official incident report...
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