griffinai

ChainCatcher news, Binance announced on platform X that GriffinAI (GAIN) has confirmed it was previously hacked and is currently investigating the technical details. To protect users, the project has mitigated the related issues by removing the official on-chain liquidity of GAIN tokens on the BNB chain.Binance is assisting the project team in conducting a post-incident analysis and formulating a compensation plan, and will continue to provide updates on the latest developments. In previous news, GriffinAI stated that it has requested all exchanges to suspend trading, deposits, and withdrawals of GAIN on BSC.

ChainCatcher message, GriffinAI posted on platform X that it has removed the official liquidity pool for GAIN on the BNB chain to protect user safety, and reminds users not to interact with any liquidity pools created by attackers, as these pools are unofficial and carry risks.The official statement also noted that GAIN on Ethereum is unaffected, and further updates will be released.

ChainCatcher news, GriffinAI founder @Griffin_AI disclosed that GAIN (BNB Chain) experienced an abnormal issuance and was heavily sold off a few hours ago, leading to a sharp price drop.Upon investigation, it was found that the attacker initiated the attack by introducing an unauthorized LayerZero spoof node: they deployed a counterfeit Ethereum contract (token TTTTT, address 0x7a8caf) and added it as a LayerZero node for GAIN on the Ethereum side, thereby bypassing the official contract (0xccdbb9). Subsequently, the attacker minted 5 billion GAIN on the BNB Chain and continued to sell off. Currently, the related attacker's wallet still holds excess tokens.

ChainCatcher news, according to the official announcement, Binance Alpha will launch GriffinAI (GAIN) on September 24. Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha points after the Alpha trading opens.