ULME Token Hack

TOTAL LOST $51K
Low Flash Loan Attacks

What happened

Quick Summary

ULME Token was exploited using a flash loan attack. The attacker profited for 50,646 $USD by price manipulation.

Details of the Exploit

ULME Token is a BEP20 token trading on PancakeSwap. The project was exploited using a flash loan attack. The attacker took 1,225,000 $BUSD as a flash loan from several contracts to manipulate the price of the $ULME token.

The profit of the attacker reached 50,646 $USD after paying back a flash loan.

Block Data Reference

Attacker address:

https://bscscan.com/address/0x056c20ab…da63d3

Malicious contract:

https://bscscan.com/address/0x8523c766…69ff26

Malicious transaction:

https://bscscan.com/tx/0xdb9a13bc…3ff4ed

Case & protocol details

Classification Token
Protocol Type CDP
Affected asset / contract ULME
Official Website linetoken.org
Protocol Twitter/X @ObyteOrg

Evidence & learning

Attack pattern

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Flash Loan Attacks

Sources and on-chain records

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