Slowmist says coding flaw in Etherisc's DIP token enabled $111,098 USDC drain via PancakeSwap trades
first published 2026-06-17T22:35:15Z
Slowmist reported that a missing return statement in Etherisc's DIP token _transfer() function for PancakeSwap-routed trades let an attacker trigger double transfers and drain about $111,098 in USDC. The exploit used skim(router) and sync() to manipulate the pool, and the attacker has not been identified.
AI Analysis
The summary describes a confirmed exploit, a direct loss of about $111,098 in USDC, and an unidentified attacker. This is clearly negative for the affected token and DeFi activity, with moderate market relevance due to the concrete hack.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
