CS Hack

TOTAL LOST $714K
Low Flash Loan Attacks

What happened

CS token's pool was exploited via a flash loan attack. The attacker used 80,000,000 $USD to manipulate the token price and made a profit of 714,285 $USD.

CS is a BEP20 token trading on PancakeSwap. The token's CS/USD pool was drained via a flash loan attack. The attack started from the malicious contract deployment by the exploiter, which took 80,000,000 $USD as a flash loan from the BSC-USD pool.

Consequently, multiple swaps with a small amount of 5,000 $USD was continuously repeated to manipulate the pool's price. After reaching some conditions, the attacker could swap the $CS tokens back with an unfairly high price and the total amount gained back went to 80,954,285 $USD. 240,000 $USD were paid back to the BSC-USD pool as a flash loan fee after the base amount was returned.

The exploiter's profit reached 714,285 $USD, which was transferred to the initial EOA, and then distributed between several addresses. All the malicious actions were performed in a single transaction.

Attacker address:

https://bscscan.com/address/0x2cdeee96…4027ba

Malicious transaction:

https://bscscan.com/tx/0x906394b2…87baa4

Malicious contract:

https://bscscan.com/address/0x90fa57d2…6ee2e3

Case & protocol details

Classification Token
Protocol Type Exploit/Flash Loan Attack
Affected asset / contract CS
Official Website koinda.com/
Protocol Twitter/X @koindanomics

Evidence & learning

Sources and on-chain records

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