Normie Crypto Crashes Nearly 100% After Major Exploit
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.