Aug 2025 - WXC Token Smart Contract Token Burn Mechanism Triggered - $31k (Global)
The WXC smart contract is located on Binance Smart Chain, and was launched on July 31st, 2025.
Unfortunately, it appears that the burn mechanism of the smart contract introduced a vulnerability.
"It appears that the token burn mechanism, triggered when selling tokens to the pair, was exploited by the attacker."
TenArmor has reported that the total amount lost in the attack was $30.9k.
There is no indication of any reaction from the protocol.
The incident was reported on and analyzed by TenArmor.
It is unlikely that the lost funds will be recovered.
It is unclear if any further investigation or recovery attempt is ongoing.
Further Analysis
The WXC smart contract was launched on the Binance Smart Chain. Shortly after, a vulnerability in its token burn mechanism—specifically triggered when selling tokens to the pair—was exploited by an attacker. As a result, approximately $30.9k was stolen. The incident was analyzed and reported by TenArmor. The WXC protocol doesn't appear to have any visible social media, and it remains unclear whether any investigation or recovery efforts are underway.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
Odin.Fun Runes Protocol Overweight Deposit Price Vulnerability > > < < Credix Compromised Admin Key Insider Exploit Rug Pull
Sources/Further Reading
TenArmor - "Our system has detected that #WXC on #BSC was attacked, resulting in an approximately loss of $30.9K. It appears that the token burn mechanism, triggered when selling tokens to the pair, was exploited by the attacker." - Twitter/X (Dec 31)
Attack Transaction - BSCScan (Dec 31)
WXC Smart Contract - BSCScan (Dec 31)
Creation Transaction For WXC - BSCScan (Dec 31)
WXC Token - PancakeSwap (Dec 31)
WXC Token - ApeSpace (Dec 31)
WXC Token - Top100Token (Dec 31)
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