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LABUBU is a character from the “Monsters” series of stories created by artist Kasing Lung. Inspired by Nordic fairy tales, he created this universe of characters based on elves, fairies and monsters in 2015.
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.
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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.
Yongping Duan Revaluates Pop Mart: From "Ignoring What He Doesn't Understand" to Becoming the Second Largest Shareholder, Calling Wang Ning the Next Steve Jobs
Pop Mart previously disclosed a major change in shareholder interests. Renowned investor Yongping Duan, along with H&H International Investment, LLC, simultaneously increased their holdings in the company, becoming the second largest shareholder and triggering mandatory disclosure requirements. The most straightforward interpretation of Duan buying into Pop Mart is as a bet on Labubu. However, judging by his recent public statements, what he truly values appears to be Wang Ning and the team's IP operation capabilities.When a netizen asked Duan on an investor community platform for his assessment of Wang Ning, Duan responded that Wang Ning's understanding and pursuit of his own products are "on the same level" as Jobs (Steve Jobs), at least for the future; and that Wang Ning's understanding of business "might even be slightly stronger than Jobs'."Data from Pop Mart's official WeChat account shows that during the reporting period, LABUBU joined the "10 billion club," while six other major IPs surpassed 2 billion yuan in revenue. At the same time, leading IPs such as SKULLPANDA, CRYBABY, MOLLY, and DIMOO are also scaling up simultaneously, forming a well-structured, tiered system. Pop Mart's growth continued into the first quarter of 2026. According to the Q1 performance summary, the company's revenue increased by 75%-80% year-on-year during the period. By region, revenue in the Chinese market grew 100%-105% year-on-year; among this, offline channels grew 75%-80%, while online channels grew 150%-155%. (ifeng)