CUT token Hack
What happened
On an unspecified date, the CUT token was exploited using a flash loan attack, resulting in a loss of approximately $1.4 million through manipulation of the BUSD-CUT PancakeSwap pair on the Binance Smart Chain.
The attacker exploited hidden functionality within the unverified contract ILPFutureYieldContract at address 0x0917914b…E31154. By manipulating this contract, the attacker used flash loans to exploit the BUSD-CUT trading pair on PancakeSwap. The malicious contract allowed them to manipulate the yield mechanism of the CUT token, enabling the unauthorized gain of roughly $1.4 million.
The exploited pair 0x83681F67…eD3249 was specifically targeted for the attack and should not be confused with a separate client using the same CUT ticker.
Exploiter:
https://bscscan.com/address/0x5766d1f03378f50c7c981c014ed5e5a8124f3
Case & protocol details
Evidence & learning
Attack pattern
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