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Beosin EagleEye Reports Attacks on LockedDeal Contract Resulting in Loss of $500,000

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According to reports, according to the security risk monitoring of Beosin EagleEye, a blockchain security audit company owned by Beosin, the LockedDeal contract

Beosin EagleEye Reports Attacks on LockedDeal Contract Resulting in Loss of $500,000

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:


Beosin EagleEye, a blockchain security audit company owned by Beosin, recently reported that the LockedDeal contract of ETH, BSC, and Poolz Finance on the Polygon chain was attacked, causing a loss of approximately $500,000. The attacker reportedly used the vulnerable function CreateMassPools, which triggered an integer overflow in the StartAmount, ultimately resulting in the attacker obtaining a large number of poolz tokens as well as other tokens.

This attack highlights the importance of blockchain security and the need for businesses to remain vigilant against potential attacks. The vulnerability in the LockedDeal contract is a reminder that even small flaws in smart contract code could turn into significant security risks, resulting in financial losses for the business.

Beosin EagleEye’s report also serves as a warning for other related projects to take extra precautions to prevent similar attacks. Any project that uses a similar smart contract system should be alert to the potential for attacks and should work closely with security audit companies to ensure that their systems are secure.

Moreover, previous monitoring of Poolz Finance related token $POOLZ showed a 90% drop, highlighting the need for greater attention to blockchain security. Given the steep loss, blockchain businesses need to assess the risks associated with their projects and to take appropriate measures to mitigate those risks.

In conclusion, the recent attacks on the LockedDeal contract and the devastating loss of $500,000 are a stark reminder of the importance of blockchain security. Businesses that use smart contracts must be diligent in their efforts to prevent potential attacks and should work closely with blockchain security audit companies to ensure that their systems are secure. By doing so, blockchain businesses will mitigate the risk of suffering financial losses and safeguard their clients’ assets.

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