Security Incident · BSC Ecosystem
EGD Finance Price Manipulation
According to SlowMist, the EGD Finance project on BSC was attacked by hackers, resulting in the unexpected withdrawal of funds from its pool.
- Reported loss
- 36,000 BUSD
- Attack category
- Price Manipulation
Incident Overview
The SlowMist security team analyzed this and said that this incident was because the price-feeding mechanism for calculating rewards when EGD Finance's contracts obtained rewards was too simple, resulting in the token price being manipulated by flash loans for profit.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.