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Beosin EagleEye Reports Blockchain Security Attack Resulting in Loss of $500000

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Beosin EagleEye Reports Blockchain Security Attack Resulting in Loss of $500000

According to reports, according to the security risk monitoring of Beosin EagleEye, a blockchain security audit company owned by Beosin, the LockedDeal contract of ETH, BSC, and Poolz Finance on the Polygon chain was attacked, resulting in a loss of approximately $500000. An attacker called the vulnerable function CreateMassPools in the LockedDeal contract, and the_ A vulnerability in StartAmount triggers an integer overflow. In addition to obtaining a large number of poolz tokens, the attacker also obtained other tokens. Please raise the alert for related projects. Previously, Beosin EagleEye monitored a 90% drop in Poolz Finance related token $POOLZ

Poolz Finance’s Locked Deal contract was attacked and lost approximately $500000

Analysis based on this information:


According to reports from Beosin EagleEye, a blockchain security audit company owned by Beosin, there has been an attack on the LockedDeal contract of various tokens on the Polygon chain such as ETH, BSC, and Poolz Finance. The attack has resulted in a loss of approximately $500000. The attacker exploited a vulnerable function called CreateMassPools in the LockedDeal contract, which led to the triggering of an integer overflow vulnerability in StartAmount.

As a result of this exploit, the attacker was able to obtain a large number of poolz tokens, along with other tokens. The severity of this attack indicates that the underlying vulnerabilities within the blockchain network need to be addressed to prevent such incidents in the future. Beosin EagleEye has issued an alert for related projects to raise awareness about this issue.

Beosin EagleEye has been actively monitoring the Poolz Finance related token $POOLZ, and had earlier reported a drastic drop of 90% in its value. This report highlights the importance of continuous monitoring of blockchain networks and the need for transparency in the processes associated with blockchain-based transactions.

In conclusion, the report by Beosin EagleEye indicates that despite the increasing popularity of blockchain technology, it is still vulnerable to security attacks. The incident also highlights the importance of blockchain security audits and the need for continuous improvement of the security measures associated with blockchain-based systems. The blockchain community must work towards achieving a higher level of security and transparency, so as to prevent further incidents like this from occurring in the future.

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