ASKACR Token Hack

ASKACR token experienced a flash loan attack resulting in a 98% drop in its value and the exploiter profited 28,661 $USD.

ASKACR is an ERC-20 token trading on Binance Smart Chain. The project was exploited via a flash loan attack which caused significant slippage on ASKACR's price, leading to a massive 98% drop.

The attacker then bought up ASKACR tokens at low prices using borrowed funds from Balancer and sold them back at inflated prices, profiting 28,661 $USD.

Attacker address:

https://bscscan.com/address/0xb1899430…47c53e

Malicious transaction:

https://bscscan.com/tx/0xc20fa495…15ea3b

Malicious contract:

https://bscscan.com/address/0x559a352d…f278e2