A fresh exploit on Binance Smart Chain has again put the LML protocol under the spotlight for how DeFi platforms manage pricing and staking rewards. A staking protocol on Binance Smart Chain suffered a major exploit that targeted the LML/USDT liquidity pool, leading to losses of about $950,000. Security firm BlockSec detected the incident through its Phalcon monitoring system, which flagged suspicious activity on the network.
LML protocol hit by $950K price manipulation in BSC staking pool; TWAP oracles needed
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AI INSIGHT
LML protocol suffers $950K exploit in BSC staking pool targeting LML/USDT liquidity.
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