[HOME] > bear brick > l m l - BSC's LML/USDT Staking Protocol Hit by Price Manipulation Attack
l m l - BSC's LML/USDT Staking Protocol Hit by Price Manipulation Attack
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2026-06-15 15:53:31 |
6149 min read
?? MATCH TIMELINE
12:34 PM
Kick-off: Home team starts strong.
15:22 PM
First goal scored by John Doe (23').
18:45 PM
VAR review: penalty awarded.
21:10 PM
Second half begins with intense pressure.
45+2'
Final whistle: 2-1 victory.
The LML/USDT staking protocol on the Binance Smart Chain (BSC) has reportedly suffered a price manipulation attack, resulting in an estimated loss of $950,000. According to BlockSec Phalcon monitoring, the attack exploited a pricing vulnerability in the protocol's reward calculation. The attacker manipulated the LML price by controlling the trading pair, then extracted rewards using controlled staked addresses, and finally sold the tokens at inflated prices for profit. The core issue was identified as a discrepancy between the reward settlement price and the real-time execution price, allowing the attacker to arbitrage through price manipulation and reverse trading.BSCUSDT+0.03%Source:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
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