The post BREAKING: Binance-listed Altcoin Hacked – Millions of Dollars Lost appeared on BitcoinEthereumNews.com.

Ancilla, a leading crypto security firm, has issued a warning regarding a potential exploit in Radiant Capital’s (RDNT) smart contract on Binance Smart Chain (BSC). The firm reported suspicious activity involving a large number of unauthorized transfers from users’ accounts linked to the contract address 0xd50cf00b6e600dd036ba8ef475677d816d6c4281. Ancilla urged users to immediately revoke their consent, warning that the new contract implementation may contain vulnerable functionality. “Something appears to have happened with the Radiant Capital (RDNT) contract at BSC,” the firm said, adding: “Please revoke your consent as soon as possible. It appears that the new implementation contains vulnerable functionality.” The firm also cited the deployment of a possible backdoor contract, citing a specific transaction on BscScan. According to Ancilla, over $16 million has already been transferred using this vulnerability. *This is not investment advice. Continue Reading: BREAKING: Binance-listed Altcoin Hacked – Millions of Dollars Lost Source: https://en.bitcoinsistemi.com/breaking-binance-listed-altcoin-hacked-millions-of-dollars-lost/

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Filed under: News - @ October 16, 2024 11:23 pm