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Beosin: Paraluni suffered a price manipulation attack and lost more than $336,000

Beosin: Paraluni suffered a price manipulation attack and lost more than $336,000

CointimeCointime2023/12/23 03:11
By:Cointime

Beosin EagleEye, a monitoring service under Beosin, has detected that attackers have exploited a price manipulation vulnerability in the Paraluni protocol to profit approximately $336,000 from the contract. Earlier, Web3 security platform Ancilia tweeted that Paraluni, a metaverse project on the Binance Smart Chain, was under attack by price manipulation, which allowed attackers to inflate the value of collateral and borrow more funds, resulting in losses for the project.

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