PANews reported on September 14th that BlockSec Phalcon alerted its system to a "transferFrom" issue, resulting in a loss of approximately $90,000 USD on the Base chain. This issue stems from insufficient access control, allowing for arbitrary low-level calls within callback functions. The alert recommended the immediate revocation of all approvals for the unknown contract 0xD9f4a3238154ff6439e37F98c9B11489353715Bb.PANews reported on September 14th that BlockSec Phalcon alerted its system to a "transferFrom" issue, resulting in a loss of approximately $90,000 USD on the Base chain. This issue stems from insufficient access control, allowing for arbitrary low-level calls within callback functions. The alert recommended the immediate revocation of all approvals for the unknown contract 0xD9f4a3238154ff6439e37F98c9B11489353715Bb.
BlockSec: The "transferFrom" vulnerability caused a loss of approximately $90,000 on the Base chain
PANews reported on September 14th that BlockSec Phalcon alerted its system to a "transferFrom" issue, resulting in a loss of approximately $90,000 USD on the Base chain. This issue stems from insufficient access control, allowing for arbitrary low-level calls within callback functions. The alert recommended the immediate revocation of all approvals for the unknown contract 0xD9f4a3238154ff6439e37F98c9B11489353715Bb.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Zero Knowledge Proof Stage 2 Coin Burns Signal a Possible 7000x Explosion! ETH Slows Down & Pepe Drops
Explore how experts are pointing to a possible 7000x rise for Zero Knowledge Proof (ZKP) while ETH slows and Pepe moves sideways, driven by ongoing coin burns and
Share
CoinLive2026/01/19 07:00
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!
The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
The Alarming 80% Failure Rate And The Critical Path To Survival
The post The Alarming 80% Failure Rate And The Critical Path To Survival appeared on BitcoinEthereumNews.com. Crypto Hack Recovery: The Alarming 80% Failure Rate
Share
BitcoinEthereumNews2026/01/19 07:08