Hackers drained over $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain in a targeted exploit detected early May 11, according to security firm Cyvers Alerts.
The attacker deployed the contract from address 0xb32a53… at 07:31:38 UTC and initiated the exploit at 07:33:56 UTC, draining funds from the victim wallet 0xb5252f…
Cyvers confirmed to Cointelegraph that the attacker used contract 0x631adf… to execute a series of malicious transactions. The smart contract drained 28.5 million MBU tokens and converted data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/stablecoins-101-what-are-crypto-stablecoins-and-how-do-they-work” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/learn/articles/stablecoins-101-what-are-crypto-stablecoins-and-how-do-they-work”>them into…
