OKLink: Recently, there have been multiple attacks targeting Reflection mechanism Tokens. Project teams should be aware of the risks and take measures to avoid further losses

ChainCatcher news, according to the monitoring by the OKLink security team of OK Blockchain, there have been multiple attacks targeting Reflection mechanism Tokens recently. The tokens currently under attack include dozens of Reflection mechanism Tokens such as DCUM, NWORDPASS, BEERS, TATA, LXR, DDOGE, PaaS, NyQuil, BNG, and others.

Taking BNB Chain as an example, attackers borrow BNB through flash loans and purchase the target tokens. They then affect the _rTotal value by using the deliver function or directly calling the burn function, which in turn affects the balance of all token holders (including DEX trading pools). A decrease in the trading pool's target token balance effectively raises the price of that token, allowing attackers to exchange the target tokens for more BNB, thus making a profit. The OKLink security team reminds relevant project parties to be aware of the risks and take timely measures to avoid further losses. (Source link)