Normie Crypto Crashes Nearly 100% After Major Exploit
TL;DR Summary
Normie crypto experienced a 90% decline in value due to a flash loan attack that exploited a loophole in its contract tax mechanism. The hacker demanded a 10% bug bounty and proposed using 600 ETH from the dev wallet to launch a new token for reimbursing holders. The developers agreed to the terms, and the incident highlighted vulnerabilities in many memecoins.
- Normie crypto plummets 90%: What happened and what's next? AMBCrypto News
- Memecoin trader loses over $1M following Normie exploit Cointelegraph
- Normie Meme Coin Suffers Exploit, Vows to Relaunch After Negotiating Hacker Bounty – News Bytes Bitcoin News Bitcoin.com News
- Normie Dumps 99% as Attacker Calls Meme Coin’s Tax Contract a 'Copy-Paste' Job CoinDesk
- Normie plummets 99.8% after exploit, Trump meme coin surges crypto.news
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