Security Incident · BSC Ecosystem
xWin Finance Flash Loan Attack: $281.60K Reported Loss
The DeFi protocol xWin Finance based on Binance Smart Chain was attacked by lightning loans.
- Reported loss
- $ 281,599
- Attack category
- Flash Loan Attack
Incident Overview
The xWin Finance token XWIN has fallen by nearly 90% in 24 hours. The attacker used xWin Finance's "reward mechanism" to continuously add and remove liquidity to obtain rewards. Under normal circumstances, due to the small amount of users added, the gains may be small, or even not enough to pay the handling fees; but in the face of huge amounts of funds, the rewards will become abnormally high.
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.