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Security Team: The EtnProduct project suffered a flash loan attack



Time:8/5/2022 12:04:20 PM

[Security Team: EtnProduct Project Suffered Flash Loan Attack] On August 5, information from members of the Chengdu Lianan community showed that the EtnProduct project was attacked by flash loan. The security team of Chengdu LianAn analyzed and found that: the attacker first borrowed 9,400 USDT using flash loans, and then the attacker purchased an NFT and linked the NFT to the EtnProduct project. Due to the fixed number of liquidity tokens added when placing an order, and the The token was sent to the caller, and the attacker then destroyed the token to set out 606,091.527 U tokens in the liquidity, and called the saleU function of the UMarket project to convert 11,253.735 U tokens into USDT one by one and return the flash loan. A total of about US$3,074 in profit and an NFT worth US$7,380 have been made. Currently, the profits are still deposited in the attacker’s address (0xde703797fe9219b0485fb31eda627aa182b1601e). In the future, Chengdu Lian'an's on-chain fund tracking platform "Chain Bizhui" will continue to monitor and track this address.

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