Web3 Security Firm Detects Suspected Attack on BSC Contract
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 17 2025Price Manipulation Incident: BlockSec reported a suspected price manipulation attack on the D3XAT contract within the Binance Smart Chain, resulting in losses of $160,000 and highlighting vulnerabilities in decentralized finance.
Market Response and Future Implications: The incident has not prompted significant reactions from crypto influencers or regulators, indicating a potential wait for further analysis, while past exploits suggest ongoing security risks in DeFi protocols may lead to increased scrutiny and calls for better security measures.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
