PoW ETH Hack

Fake Ethereum PoW token was exploited on the Binance chain, causing of loss more than 255,780 $USD of user's funds in $WETH

PoW ETH is a BEP20 standard token, which is not related to the original $ETH or $ETHW. The scammer created ETHW/WETH pair and added liquidity. The scammer had more than 95% token supply in balance and an opportunity to mint an infinite amount of fake $ETHW.

After users began trading on various DEX'es the scammer used the remaining $ETHW tokens to drain $WETH. The profit of the scammer reached 180 $WETH or $255,780 in dollar terms.

Scammer addresses:

https://etherscan.io/address/0x014fa682…04f269

https://etherscan.io/address/0x6001b9ff…f29204

Token pair:

https://etherscan.io/token/0xf64af470…f72aff

Draining transactions:

https://etherscan.io/tx/0xf1b564b1…c0a92d

https://etherscan.io/tx/0x242595a1…994704

https://etherscan.io/tx/0x8f247284…661c6b