DeFi project Burger Swap, which runs on the Binance Smart Chain (BSC) blockchain, lost $ 7.2 million in a hacker attack, RBC Crypto reports.
project team approvesthat will try to reimburse all affected users. A Burger Swap spokesman noted that work is underway to fix the problem.
BurgerSwap just experienced Flash Loan attack.
We have suspended Swap and BURGER generation to avoid further loss.
Our tech team is working on the issue and will publish the solution later.
More details will be published soon. Thanks for your patience.
— BurgerSwap (@burger_swap) May 28, 2021
Likewise today Suffered DeFi project JulSwap. After the attack, the price of the altcoin almost halved, but has already won back most of the losses. Over the past day, the cryptocurrency has fallen in price by 24%, according to Coinmarketcap.
BSC had two flash loan attacks: BurgerSwap was attacked and lost 7 million US dollars; Julswap was attacked, and the price dropped by 95%.
– Wu Blockchain (@WuBlockchain) May 28, 2021
At the end of April, cryptocurrency Uranium Finance lost $ 50 million in Ethereum as a result of a hacker attack. The project also runs on the Binance Smart Chain blockchain.