syp

Security is the only thing that matters when the market is red. CertiK has just flagged 193 suspicious transactions involving #SynapLogicon (SYP) contracts. The attackers used a sophisticated flash loan sequence to mint 16,000 SYP tokens with only 1 $ETH , effectively draining the liquidity pools.
This is a wake-up call for #DeFi investors. Flash loan attacks are the "invisible killers" of the crypto space. If you are holding $SYP or similar low-cap tokens, you need to check your contract permissions immediately. The exploit highlights a critical vulnerability in the 0x670a... contract address.

#CryptoSecurityIncidents #FlashLoans #DefiExploit #CertiK #SYP
Trading Advice:
Tip 1: Always use "Revoke.cash" after interacting with new DeFi protocols to clear your token approvals.
Tip 2: Avoid "minting-heavy" protocols that don't have a multi-sig or a time-lock on their supply functions.
Ranking Alert: Include a screenshot of the Etherscan Transaction Hash of the exploit to prove your research is legit.