NEM: about $820K exploit on BNB Chain
. Reported by public sources (confirmed by @Phalcon_xyz). Amounts are as reported; the trace below shows what the chain says.
On 2026-10-22, according to a post by @Phalcon_xyz, a NEM liquidity pool on BSC lost about $820,000 in a price manipulation attack that exploited a flaw in the NEM token's tax-settlement mechanism, specifically in _flushLpSellRecycle. The alert was posted at 10:51 UTC, and the funds' destination has not been traced, and no attacker address has been named in the reports. The status on KadenaTrace is reported, and the loss figure is the one given in the source post and has not been independently confirmed.
Amount: about $820K (reported). Networks: BNB Chain.
What is known
- Reported
- By @Phalcon_xyz.
- Confirmed
- Confirmed by @Phalcon_xyz. The amount is as reported.
- Recorded on Kadena
- Not yet.
- Attacker address
- None attributed by a source yet.
- Frozen
- No freeze read on chain.
- Returned
- No return of funds recorded here.
- Trace coverage
- Not traced yet: the trace starts when a source names an address.
Sources
- @Phalcon_xyz: A few hours ago, a NEM liquidity pool on #BSC lost ~$820K in a price manipulation attack that exploited a flaw in the NEM token’s tax-settlement mechanism. The
- @Phalcon_xyz: A few hours ago, a NEM liquidity pool on #BSC lost ~$820K in a price manipulation attack that exploited a flaw in the NEM token’s tax-settlement mechanism. The
Timeline
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