Hacker Drains $1.1M from PancakeSwap OLPC/LABUBU Pool
An unknown hacker exploited a liquidity pool for OLPC/LABUBU on PancakeSwap on BNB Chain, stealing approximately $1.1 million. The attacker swapped the stolen assets for Ethereum and sent 633.4 ETH to the mixing service TornadoCash.
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An unknown attacker compromised a liquidity pool for the OLPC and LABUBU tokens on PancakeSwap, a decentralized exchange operating on the BNB Chain. The exploit resulted in losses of roughly $1.1 million.
According to the report, the hacker converted the stolen funds into Ethereum and subsequently transferred 633.4 ETH to TornadoCash, a privacy-focused mixing service often used to obscure transaction trails. The incident adds to a series of DeFi exploits targeting liquidity pools on BNB Chain.
Source: ForkLog