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Security Incident · BSC Ecosystem

NEM（NemTokenV2） Smart Contract Vulnerability: $821.92K Reported Loss

·Source-attributed incident record

Incident Overview

The NEM (NemTokenV2) token contract on BSC was exploited via its PancakeSwap USDT/NEM liquidity pool. The contract credited transfers into the LP as sell volume without verifying actual swap settlement. The attacker repeated transfer → skim() → flushLpSellRecycle() 42 times, burning pre-existing LP reserves and syncing lower reserves, then sold the remaining NEM at the inflated price to extract approximately $821,920 in USDT.

Sources & References

Original incident referencehttps://x.com/SlowMist_Team/status/2113206749524316486 (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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