Recently, a concerning pattern has been identified. Through anomaly data comparison, it is suspected to be a variant of "First Mint Attack."



First, observe the data phenomenon: investing 0.001 BNB to buy 1000 tokens (equivalent to $0.3), but upon withdrawal, actually receiving 15 million tokens (worth $450). The 1500x profit margin far exceeds any normal slippage or mathematical error range, indicating something suspicious is behind it.

The most likely attack method is directly calling the mint function. Some poorly designed token contracts do not implement permission checks during development, allowing anyone to directly invoke the mint function:

function mint(address to, uint amount) public {
_mint(to, amount);
}

In this case, an attacker only needs to buy a small amount of tokens (leaving an address record), then directly call mint to create tokens for themselves, and finally use these artificially created tokens to add or remove liquidity. The entire process appears no different from normal operations.

Another possibility is a transfer tax vulnerability. Some tokens impose a high transfer tax (e.g., 20%), so that when A transfers 100 tokens to B, B receives 80, and 20 are burned. But if the attacker becomes a liquidity provider, the pool transferring tokens to them might generate extra tokens due to bugs in the tax calculation.

Additionally, one must guard against balance synchronization attacks. After adding liquidity, an attacker might secretly increase their token balance elsewhere, then remove liquidity to extract more value.

All these methods involve manipulating the contract's logic itself. The key to prevention still depends on the quality of the token contract's audit and whether permission controls are properly implemented.
BNB2,58%
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BlockImpostervip
· 14h ago
1500x? Damn, these numbers are outrageous. It's definitely a mint vulnerability or a tax bug causing the chaos. ---- It's another poorly written contract with permission checks not done properly. These developers should have learned coding on-chain long ago. ---- This tactic is so ruthless—mint tokens directly and then quickly withdraw liquidity. Ordinary people can't tell at all. ---- So many holes in the transfer tax? It seems most project teams haven't even thought about this. ---- Honestly, auditing is still so important. Unfortunately, most new tokens just ape in without proper checks. ---- I never considered the attack vector of balance synchronization. No wonder some people are making huge profits out of nowhere. ---- Putting contract code as public like this? Does anyone really dare to write like that, or am I just too naive? ---- Remember these tricks. Next time you check a project, verify permission controls before jumping in. ---- Damn, so those projects that skyrocket 10x immediately after launch might have been hacked? Or am I just too inexperienced to see it?
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FalseProfitProphetvip
· 14h ago
Oh no, another mint function vulnerability. I've seen this trick too many times; it's a standard move in failed projects. 1500x price difference? Just mint the tokens directly, no need for contract audits.
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WagmiWarriorvip
· 14h ago
Oh wow, 1500x? What kind of terrible contract would allow this? Permission checks are just a facade. --- The mint function is publicly callable, this is truly outrageous, just absurd. --- So, all small token contract audits are just formalities; they should have been revoked long ago. --- I've never heard of a bug in transfer tax before; what kind of insanely twisted developer could come up with this? --- With so many vulnerabilities in the contract, liquidity mining is really just gambling. I laugh at anyone claiming it offers stable returns. --- No wonder there have been so many exposés on shitcoins recently; turns out they’re all using these tricks. --- Launching without proper permission control? Is this developer serious? --- 15 million tokens appearing out of nowhere—that’s basically a printing press. So ironic. --- So, for new tokens, you still need to look at the audit report; otherwise, it’s playing with fire. --- The combination of transfer tax and permission vulnerabilities—how many small investors will this screw over?
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MEVHunterNoLossvip
· 14h ago
Wow, 1500x? How bad is this contract that they don't even do permission checks?
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RunWhenCutvip
· 14h ago
Damn, is it this set again? No permission check for mint is really crazy, it's obviously some Indian guy randomly generating trash contracts --- 1500x? Bro, this is not a bug, it's outright money grabbing --- The transfer tax part is even more outrageous, as soon as the pool bug appears, it instantly becomes a printing machine, feels like there's a new trick every week --- Audit? What's the point of auditing, most project teams can't even be bothered to spend money, okay? --- That's why I only buy tokens that have been audited more than twice now, I won't touch any others even if the APY is high
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