Slow Fog: Four.Meme attackers can pre-run liquidity pools on PancakeSwap to manipulate token prices

2025-02-11 15:07:09
Collection

ChainCatcher message, according to a report from the Slow Mist security team, Four.Meme was previously subjected to a malicious attack. The attacker was able to conduct front-running trades by pre-creating liquidity pools with severely deviated prices on PancakeSwap v3. Since the project team did not verify the pool prices, when the tokens migrated to PancakeSwap v3, the system added liquidity based on the unbalanced pools created by the attacker, resulting in the depletion of the pool's assets.

Currently, Four.Meme has suspended DEX token issuance, and the team is working on a fix.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators