China News Daily Official TheBitTimes.com

At the time when the attack was perpetrated, the coin was trading at $0.0000009045 but over the last couple of hours, PEPE has been on a downward trend. Currently, the memecoin is trading at $0.0000008897, down by 1.38% in the past 24 hours, according to on-chain data.  advertisement PEPE Social Channels Go on Lockdown The unfortunate news of the Exploit came with a myriad of challenges and has placed the PEPE ecosystem in a state of chaos that has mandated a lockdown.  According to the @pepecoineth account on the on X app, the Telegram group for PEPE is currently locked down. It turned out that the old Telegram account for the group was hacked and the group was hijacked by the bad actors. Hence, all official communications has been confined to the official X account pending when the former channels can be retrieved or another account is opened   So far, no information has been passed, users are therefore advised to remain vigilant.  ...

The BNB Smart Chain (BSC) was hit by copycat attacks caused by a vulnerability in the Vyper programming language. It mirrors the Curve Finance defi protocol exploit . Blockchain security firm BlockSec revealed that as of July 30, approximately $73,000 worth of cryptocurrencies were stolen from the BSC through three separate exploit s. The latest development mirrored the ongoing exploit s on Ethereum’s Curve Finance, which had already seen losses surpassing $41 million. The sheet updated. Losses have already ~$41m!https://t.co/lCaS4uEPzm https://t.co/stQYNJFS7y pic.twitter.com/P7jG8NHnV4 — BlockSec (@BlockSecTeam) July 30, 2023 The vulnerability in question was found in Vyper versions 0.2.15, 0.2.16, and 0.3.0, which were used by various defi pools. The malfunctioning reentrancy lock in these versions enabled attackers to execute multiple functions simultaneously, leading to the possibility of draining all funds from affected contracts. Vyper, the programming language...