BlockSec: BSC Chain MT Token Buy Limit Mechanism Flaw Exploited, Hacker Arbitrages Around $242,000
On March 10, BlockSec monitoring systems detected a suspicious transaction targeting the MT-WBNB liquidity pool on Binance Smart Chain (BSC), resulting in an estimated loss of roughly $242,000.
The exploit stemmed from a flaw in the protocol’s buyer restriction mechanism: Under deflationary mode, normal buy operations would revert, but the router and trading pair were whitelisted—allowing the attacker to bypass restrictions by executing router swaps and liquidity removals to acquire MT tokens from the pair.
The attacker then sold MT to accumulate a "pendingBurnAmount," called the `distributeFees()` function to directly burn MT from the liquidity pair (artificially inflating MT’s price), and finally swapped MT back to WBNB to lock in profits.
Additionally, a recommended rule permitting transfers of the first 0.2 MT bypassed the buyer restriction, further enabling the attacker to execute the exploit.
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A whale sold 75 BTC and bought 2,067,000,000 PUMP.
March 10th: Per Onchain Lens monitoring, a whale (24BLF...LChr) sold 75 BTC (valued at $5.08 million) over the past 20 hours and purchased 2.067 billion PUMP (worth $4.04 million) from Wintermute.
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Affected by Iran Conflict, Dubai Real Estate Index Plunges 20% in Five Days
March 10 – As regional conflict continued to escalate, investor sentiment turned cautious, pushing the Dubai Real Estate Index down roughly 20% over the past five trading days. The plunge has wiped out all of the index’s 2025 gains.
The index peaked at 16,910.3 on February 27, just before Iran’s geopolitical tensions intensified.
Earlier this year, the index rose about 15%, extending a strong multi-year uptrend (63% gain in 2024, 38% in 2023) that reflected robust investor interest in Dubai’s property market.
Real estate consulting firm Anarock projects 2025 Dubai property transactions could reach nearly 91.7 billion dirhams (about $250 billion) – the city’s highest-ever volume. Total deals for the year are expected to exceed 270,000.
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Base Ecosystem AI Token Collective Slightly Up, REI Surges Over 20%
March 10th — GMGN monitoring shows the Base chain’s AI sector is seeing a popularity rebound today, with several related tokens posting varying gains. Here’s the breakdown:
- **FAI** (link: https://gmgn.ai/base/token/i_m4TE56o8_0xb33ff54b9f7242ef1593d2c9bcd8f9df46c77935):
Market cap: $62M (24h up 16%; 24h trading volume: $3M)
- **REI** (link: https://gmgn.ai/base/token/i_m4TE56o8_0x6b2504a03ca4d43d0d73776f6ad46dab2f2a4cfd):
Market cap: $27M (24h up 20%)
- **CLAWNCH** (link: https://gmgn.ai/base/token/i_m4TE56o8_0xa1f72459dfa10bad200ac160ecd78c6b77a747be):
Market cap: $6.7M (24h up 15%)
- **CLAWD** (link: https://gmgn.ai/base/token/i_m4TE56o8_0x9f86db9fc6f7c9408e8fda3ff8ce4e78ac7a6b07):
Market cap: $6.7M (24h up 12%)
**BlockBeats Note**: Meme coins are extremely volatile, heavily tied to market sentiment and hype, and lack real value or use cases. Investors should be aware of these risks.
13 minutes ago
BitMine associated address sent an additional 4308 ETH to Coinbase Prime, either for staking or custody.
March 10 — Per Arkham monitoring, a BitMine-linked address transferred 4,308 ETH to Coinbase Prime 5 minutes ago.
Earlier this morning, the same address sent 5,300 ETH (valued at $10.75 million) to Coinbase Prime.
Notably, BitMine announced yesterday it had purchased 61,000 ETH last week — leading the community to speculate this transfer is not for selling. On February 11, BitMine previously transferred and staked 140,400 ETH to Coinbase Prime.
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