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Binance Hacker's Mistake Led to $5 Million Loss

Binance Hacker's Mistake Led to $5 Million Loss

The attacker who hacked the Binance exchange suffered significant losses while attempting to withdraw funds through a decentralized exchange.

The hacker attempted to sell 908,793 PROM tokens worth approximately $5 million via an Uniswap V2 liquidity pool with low trading volume.

  • The sale attempt volume was approximately $5 million USD
  • A nearly empty Uniswap V2 network liquidity pool was used
  • As a result of the transaction, only 0.0316 ETH (about $71) was received
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