A Binance hacker dumped $5M in $PROM tokens into a liquidity pool, netting just $71. This blunder highlights ongoing security challenges.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
Binance's token swap hacker transformed PROM from the declared value of about $5 million into just $71 in Ether, according to Lookonchain. Data were publicly shared on November 1, 2026. The wallet sold in an almost empty Uniswap V2 pool, losing almost all the reported value of the [...]
The Binance hacker sold $5 million worth of PROM into the depleted liquidity pool and received 0.0316 ETH, or approximately $71. A $3.5 million token package remained locked in the NEWT contract.