BNB Smart Chain (BSC) experienced “copycat” attacks due to a Vyper programming language flaw, leading to approximately $73,000 in stolen cryptocurrencies.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/3ac25c127ac940dd83ca86ed5887275e.gif" />BlockSec reports that while most exploit activity has targeted Ethereum-based protocols, BNB Smart Chain has also faced similar copycat exploits.The BNB <a href="https://cryptosheadlines.com/creator-of-terra-classic-reveals-new-chain-of-smart-apps-powered-by-ai/" rel="noopener noreferrer nofollow">Smart Chain</a> (BSC) experienced copycat attacks related to a vulnerability in the Vyper programming language, mirroring the exploit on Curve Finance, a decentralized finance (DeFi) protocol.On July 30, <a href="https://cryptosheadlines.com/can-blockchain-be-hacked/" rel="noopener noreferrer nofollow">Blockchain security</a> firm BlockSec disclosed that approximately $73,000 worth of cryptocurrencies were stolen through three exploits on BSC.Concurrently, similar exploits on Curve <a href="https://cryptosheadlines.com/ordinals-finance-took-1-million-from-its-users-and-as-a-result-the-value-of-ofi-token-dropped-by-95/" rel="noopener noreferrer nofollow">Finance liquidity pools resulted in losses exceeding $41 million</a>, as estimated by BlockSec.The vulnerability stemmed from a malfunctioning reentrancy lock in Vyper versions 0.2.15, 0.2.16, and 0.3.0, which were widely utilized by several DeFi pools.This programming language, extensively used for Web3 projects, was primarily designed for the Ethereum Virtual Machine. Its flaw could <a href="https://cryptosheadlines.com/potential-impact-chinese-coins-as-key-players-in-the-crypto-market/" rel="noopener noreferrer nofollow">potentially impact</a> other protocols relying on the affected Vyper versions.Following the news of the exploit, both white hat and black hat hackers engaged in <a href="https://cryptosheadlines.com/atomic-wallet-victim-recovers-1m-with-assistance-from-on-chain-researcher-zachxbt/" rel="noopener noreferrer nofollow">on-chain battles to disrupt each other’s exploit attempts or recover</a> funds. One potential whitehat, known as “c0ffebabe.eth,” managed to secure some funds for safekeeping. <a href="https://cryptosheadlines.com/bnb-smart-chain-suffers-73k-copycat-vyper-attack/" rel="noopener noreferrer nofollow">Read More...</a>

BNB Smart Chain Suffers $73K Copycat Vyper Attack

CryptosHeadlines.com

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