NORMIE attacker: Normie contract code is a "copy and paste" job, and it is likely that it has not been reviewed by developers before going live
2024-05-27 07:53:02
Memecoin coin NORMIE attackers say Normie's contract code is a "copy-and-paste" job that most likely did not go through a thorough review by developers before going live. NORMIE plunged 99% on Sunday, as attackers exploited a vulnerability to manipulate the total supply of tokens, completely draining the liquidity of the token pool. Blockchain detectives say the attackers used the so-called tax function in the token contract to issue more tokens than the original 1 billion supply. The excess tokens were then used to trade Ethereum.
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