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Slow Mist's Cosine Questions BNB Chain LABUBU "Hack" Incident: Suspicious Abnormal Modification of Key Parameters

Odaily news, Slow Mist founder Cosine published an analysis stating that the approximately $1.1 million loss incident in the OLPC / LABUBU liquidity pool on BNB Chain is suspicious. The loss occurred due to a severe imbalance in the OLPC/LABUBU trading pair, caused by a "vulnerability" in OLPC being exploited. Under certain conditions in _update, it is possible to burn OLPC tokens amounting to value * decimalsValue. Normally, decimalsValue is 1, but approximately 46 days before the attack, it was changed by the owner to an extremely large value of 7,326,680,472,586,200,649. A few days later, the OLPC owner renounced ownership, setting it to the zero address.Today, the attacker exploited this extremely large decimalsValue to trigger the Pair reserve burn, allowing a small amount of OLPC to extract a large amount of LABUBU. The attacker ultimately swapped 1.115 million USDT at a low cost. The suspicious point lies in the setting of decimalsValue—why did the OLPC owner set such an abnormally large value?

ancakeSwap Responds to OLPC/LABUBU Pool Incident: Preliminary Investigation Suggests No Contract Vulnerability, Probe Ongoing

PancakeSwap has issued a notice regarding abnormal activity in the BNB Chain OLPC/LABUBU liquidity pool, stating that the team has acknowledged community reports and initiated a preliminary investigation.PancakeSwap indicated that initial findings confirm no issues at the smart contract level, and the relevant incident is still under further review. The team will continue to monitor the situation and provide updates as more information becomes available.The platform reminds users to rely on information released through PancakeSwap's official channels and to be cautious of unverified rumors.

PancakeSwap's OLPC/LABUBU trading pool was attacked, with approximately $1.1 million in assets stolen

according to PeckShield monitoring, the OLPC/LABUBU liquidity pool on BNB Chain's PancakeSwap was attacked. The attacker stole approximately $1.1 million worth of assets. After the incident, the attacker cross-chain transferred the stolen funds to Ethereum and subsequently deposited 633.4 ETH into the mixing protocol Tornado Cash. Additionally, the attacker sent 0.0221 BNB and 0.0411 ETH to a deprecated address. Relevant attack details and fund flows are still under continuous tracking.

Humanity attacker bridged 130 ETH from Ethereum to BNB Chain, worth approximately $220,600.

According to on-chain analyst PeckShield (@PeckShieldAlert), the Humanity attacker’s address has bridged 130 ETH (approximately $220,600) from Ethereum to BNB Chain (381 BNB).

SlowMist Alert: Over 140 Mastra npm Packages Hit by Supply Chain Attack

SlowMist announced that over 140 Mastra-related npm packages were compromised via a supply-chain attack. Affected versions introduce the malicious dependency `[email protected]`, which triggers attacker-controlled code execution during installation.

Humanity Announces Recovery Plan: Legacy H Tokens Invalidated; New ERC-20 Tokens to Be Airdropped 1:1 Based on Snapshot

Humanity has announced the $H incident recovery plan: The legacy version of H on Ethereum, BNB Smart Chain, and Humanity Mainnet has been deprecated. A new Ethereum ERC-20 version of H will be airdropped 1:1 to eligible holders based on a pre-attack snapshot. Attackers and associated addresses have been excluded.

MILC Platform Cross-Chain Bridge Suffers Private Key Leak Attack, Sustaining ~$161,000 in Losses

According to on-chain security platform Blockaid (@blockaid_), the MILC Platform cross-chain bridge suffered a private key leak on both the BNB Chain and Ethereum networks. The attacker exploited a historical bridge administrator wallet to grant the DEFAULT_ADMIN_ROLE and MANAGER_ROLE permissions to the attacker’s address. Subsequently, assets were withdrawn from the bridge contract, and administrative control was transferred to the attacker’s wallet. Confirmed losses currently stand at approximately $97,003 USDT (on BNB Chain) and approximately 39.21 ETH (on Ethereum, transferred out via Rhino.fi), totaling roughly $161,000.

Humanity Says It Is Formulating a Victim Recovery Plan

Humanity released a post-mortem report on the H token security incident that occurred between June 8 and 9, stating that the incident was not caused by a smart contract vulnerability, but rather by a malware intrusion into a developer's device, which led to the leakage of private keys. Humanity stated that the attacker still holds the ProxyAdmin permissions for the ETH bridge and the BNB Chain token. Preliminary investigations confirmed that a colleague's device was infected with malware, which the attacker used to obtain the hot wallet private key of the administrator and the private keys for signing on 6 Gnosis Safe wallets. The team has hired an external security agency to conduct a forensic investigation and stated that they are formulating a recovery plan for affected users.

Syscoin Discloses Preliminary Review of Cross-Chain Bridge Incident: Approximately 5 Billion SYS Tokens Abnormally Generated Due to Verification Issues

Syscoin released a preliminary post-mortem of the cross-chain bridge incident, stating that due to a verification issue in the bridging process, the attacker exploited an abnormal transaction proof validation to generate approximately 5 billion SYS tokens abnormally on the UTXO side via the affected bridging path.

SlowMist: Rust Supply Chain Malware IronWorm Targets Developer Environments and Web3 Crypto Ecosystem

: SlowMist posted on X platform, stating that its threat intelligence system has detected a new Rust supply chain malware activity named IronWorm. This malware actively attacks developer environments and the Web3/crypto ecosystem through malicious npm packages. Potential attack behaviors include credential theft, wallet seed phrase and password theft, GitHub repository tampering, malicious package publishing, CI/CD key theft, Tor-based command and control, and covert persistence via eBPF rootkits.SlowMist recommends that security teams audit repositories for backdated commits, suspicious branches, abnormal build hooks, and commits attributed to automated identities such as claude, dependabot, renovate, or github-actions; remove or deprecate affected package versions, publish clean versions, rotate all exposed keys and tokens, review GitHub Actions build artifacts, and rebuild potentially compromised developer or CI systems from clean images. This threat was discovered and analyzed by JFrogSecurity.

Trust Wallet Teams Up with BNB Chain and CoinMarketCap to Launch AI Trading Agent Hackathon, with a Total Prize Pool of $36,000

: According to an official announcement, on June 3, Trust Wallet announced a partnership with BNB Chain and CoinMarketCap to officially launch the "BNB Hack: AI Trading Agents" hackathon, featuring a total prize pool of $36,000. The Trust Wallet Agent Kit serves as the core on-chain execution technology stack for this event. This hackathon also marks the first time the Trust Wallet Agent Kit has been fully integrated as a core infrastructure component into a top-tier AI Agent hackathon system.The hackathon features two main tracks: "Autonomous Trading Agents" (prize pool $24,000, 5 winners) and "Strategy Skills" (prize pool $6,000, 3 winners), in addition to three partner special awards of $2,000 each. In the "Autonomous Trading Agents" track, participants must leverage the Trust Wallet Agent Kit to achieve local self-custodial signing, autonomous mode operation, and on-chain trade execution, deployed within native BNB Chain scenarios such as PancakeSwap and BSC Perpetual Contracts. The "Strategy Skills" track does not require an execution layer; participants build backtestable strategy proposals based on 12 categories of data tools from CoinMarketCap MCP, including market data, technical indicators, on-chain data, sentiment, and news.Track one uses real PnL as the core evaluation criterion, setting a maximum drawdown limit as the risk control threshold. Track two is comprehensively scored by a judging panel across four dimensions: technical execution, originality, real-world value, and presentation. The build window runs from June 3 to June 21, the trading window from June 22 to June 28, and winners will be announced during the week of July 6. In addition to cash prizes, winning teams will receive CoinMarketCap Pro API subscription credits, mentorship from CMC Labs, and the BNB Chain Kickstart ecosystem support package.

TesseraDao Attacked: Hacker Mints 99 Million TSR Tokens and Cashes Out $2.5 Million

According to on-chain analyst PeckShield (@PeckShieldAlert), approximately 19 hours ago, TesseraDao (@TesseraDao) on BNB Chain was attacked. The hacker maliciously minted 99 million TSR tokens and immediately dumped them, causing the TSR price to plummet by 99%. The attacker then exchanged the stolen TSR for approximately $2.5 million in USDT and cross-chained the funds to Ethereum. The attacker has since laundered 1,285.5 ETH via TornadoCash.

Radiant Capital Announces Shutdown, Unable to Recover from $50 Million Hack

According to The Block, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million; the attacker gained unauthorized access by deploying backdoor contracts on Arbitrum and BNB Chain. Earlier in 2024, the protocol had also been hit by a flash loan attack, resulting in a loss of roughly 1,900 ETH (approximately $4.5 million). After 18 months of recovery efforts, Radiant Capital stated that it has neither recovered a significant portion of the stolen funds nor secured new financing, declaring that “the DAO has no viable path forward.” The protocol will now enter a “maintenance mode”: its frontend and smart contracts remain accessible, allowing users to withdraw funds, repay loans, and manage positions. Any funds recovered in the future will be returned to affected users.

DxSale Confirms BSC Atomic Transaction Vulnerability Affects v1 Lockups

DxSale.Network posted on X platform in response to a recent security incident, disclosing that the vulnerability originated from the newly launched atomic transaction feature on BNB Smart Chain (BSC), which affected the v1 lockup contract launched in 2021. The team has identified the source of the issue and stated that lockup contracts for v2 and above are completely secure and have been audited by Certik. Users can rest assured that assets locked in v2 and above are unaffected.

DxSale Accused of Transferring Approximately $7.3 Million from Early BNB Chain Locked Liquidity Pools

According to on-chain investigator Eye, DxSale is suspected of withdrawing approximately $7.3 million from some of its early liquidity pools locked on BNB Chain since 2021—impacting over 1,400 LPs. Eye stated that the attack involved silent ownership transfers and over 80 wallet hops. Eye noted that the newly used wallet address in the attack received 104 BNB from Bybit 20 hours prior to the liquidity pool withdrawal, and subsequently received approximately 1,200 BNB after the funds were withdrawn from the liquidity pools. Thereafter, this address transferred roughly 3,400 BNB in total to two wallets, with the related funds already withdrawn via multiple Binance deposit addresses.

SlowMist Discloses Cross-Registry Supply Chain Attack Targeting Crypto and AI Developers

According to on-chain analyst PeckShield (@PeckShieldAlert), SlowMist’s threat intelligence system MistEye has detected a cross-registry supply chain attack targeting developers. Malicious packages have spread across three major registries—npm, PyPI, and Crates.io—comprising over 34 malicious packages and more than 384 related versions. The attack targets developer communities in cryptocurrency, DeFi, Solana, Sui/Move, and AI. It may lead to the theft of cryptocurrency wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, and other sensitive developer information. Some malicious payloads also attempt persistence via mechanisms including `.cursorrules`, `CLAUDE.md`, Git hooks, cron, systemd, and SSH. SlowMist recommends immediately removing affected packages, isolating compromised systems, rotating exposed credentials, rebuilding CI environments and developer machines from clean images, and conducting comprehensive reviews of GitHub, cloud, SSH, and wallet-related activities.

Verus Ethereum Cross-Chain Bridge Attacked, Losses Amount to Approximately $11.58 Million

Odaily News: Blockaid posted on platform X, stating that its vulnerability detection system has discovered an attack on the Verus Ethereum cross-chain bridge, which has so far caused losses of approximately $11.58 million.

A hacker organization has made over $14 million through token scams and X account hijackings

on-chain analyst Specter stated that the hijacking incidents of investor Keith Gill, Matt Furie, and WinRAR accounts on the X platform are all linked to the same hacker organization. This organization has accumulated over $14 million in profits by hijacking accounts to promote tokens and conducting cross-chain money laundering, with funds flowing through five chains: Solana, BNB Chain, Ethereum, Tron, and Hyperliquid.Specter claims the organization may also be connected to a $2.45 million wstETH phishing attack in 2024. The investigation found that hackers used compromised accounts to issue Pepe imitation tokens, incorporating a built-in 2% automatic fee mechanism to generate profits; related fund flows are associated with the bnbshare.fun platform and multiple Solana, Tron, and Ethereum addresses. Analysis also showed that several tokens (including USOR, VDOR, DROID, WCOR, UGOR) were used to inflate market caps before being dumped to zero.

Chainalysis Tracks THORChain Attack Source: Proficient Money Laundering Skills, Cross-Chain Fund Transfer Weeks Before Attack

Odaily Chainalysis posted on X platform, stating that prior to the THORChain theft, wallets suspected to be linked to the attacker had been transferring funds through Monero, Hyperliquid, and THORChain for several consecutive weeks. As early as late April, the attacker-associated wallets deposited funds into Hyperliquid positions via Hyperliquid and the Monero privacy bridge. These funds were subsequently converted to USDC and transferred to Arbitrum, then bridged to Ethereum. Some of the ETH was then moved to THORChain to stake as RUNE for a newly joined node, which is believed to be the source of the attack.Subsequently, the attacker bridged a portion of the RUNE back to Ethereum and split it into four chains. One chain went directly to the attacker, passing through intermediate wallets before transferring 8 ETH to the wallet that would ultimately receive the stolen funds, just 43 minutes before the attack. The funds from the other three chains flowed in reverse. Between May 14 and 15, these wallets bridged the ETH back to Arbitrum again, deposited it into Hyperliquid, and transferred it into Monero via the same privacy bridge, with the final transaction occurring less than 5 hours before the attack commenced. As of Friday afternoon, the stolen funds remain untouched, but the attacker has demonstrated sophisticated cross-chain money laundering capabilities. The Hyperliquid to Monero path may be the next move.

Lombard Gradually Phasing Out LayerZero, Plans to Migrate Over $1 Billion in BTC Collateral Assets to Chainlink

following the $292 million exploit of Kelp DAO's LayerZero bridge, the security of cross-chain infrastructure has once again come under scrutiny. DeFi protocols Kelp DAO, Solv Protocol, Re, and crypto exchange Kraken have all taken similar migration measures, with the total value of this outflow reaching approximately $4 billion.Decentralized finance protocol Lombard has become the latest project to join the migration wave, announcing a gradual phase-out of LayerZero and the migration of over $1 billion in Bitcoin collateral assets to Chainlink's Cross-Chain Interoperability Protocol (CCIP). Bitcoin-related tokens issued by Lombard include LBTC and BTC.b. It is reported that Lombard's initial migration assets cover the Solana, Etherlink, Berachain, Corn, and TAC chains, while the use of LayerZero on Morph and Swell will also be terminated. As of now, LayerZero has not responded to requests for comment. (CoinDesk)