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MCN Labs — LPBonus reserve mismatch inflates LP reward claim

Incident date Sep 29, 2026Last updated Oct 8, 2026

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ClosedBNB Chain L1Reward-logic flaw (reserve manipulation)Cluster: MCN-REWARD-2026-09

Estimated loss

$92.6K

Affected users

Number of affected users is not confirmed
Group joining is coming soon.

Investigation

75%

Facts and investigation

Ledger

Attacker

0xb6fff29DD2B5423a159E50877Fc4af7A54E76f7A (BNB Chain EOA; same address used on Ethereum). Attack contract 0xa8607269686b6c15FC2EB84f4044F9aDE2b143c7. Operator unknown.

Funds moved to

Full path traced. 60 seconds after the exploit (Sep 29, 17:54:01 UTC) the whole 92,607.31723444 BSC-USD was sent through MetaMask: Meta Bridge (0xaEc23140408534b378bf5832defc426dF8604B59, tx 0x7793fcba38c51fffe6668fea4b32d5675293db24cd976bedc4c785fbd8324d2a) using the Bridgers adapter: 810.314 BSC-USD (0.875%) to fee address 0x3f3B5145744BF7BDd9dB75b1ff81364698Cd38bE and 91,797.003 BSC-USD to Bridgers contract 0xc1d13492285eb664951E201BF7C80c7c6318a1b5, swapped into 34.18 ETH delivered to the sa

Linked

Attack transaction 0xecac1563bbb76fb8fefb4a7da4592260a8c1ddde21d7da62b78a9e3769808e6b (block 124759921, Sep 29 at 17:53:01 UTC); attack contract created at 17:52:41 UTC (tx 0xa7008af6bdf2b5643f23be9db0a8b9f86052b786e9268e7eebe80176c55a36fb). Victim LPBonus 0x52272524a22f941f5489c1233732797314bb054b; MSN 0xd8b3ef86afce18edba91fed481abe22f173597c1; FIST 0xc9882dEF23bc42D53895b8361D0b1EDC7570Bc6A; pairs 0xdD95c8a545e98D2c6de4d20abcc44B104da1e6e5 (FIST/MSN) and 0xB4Ec801aeD8c92F2E69589518aaA127afB37D8C9 (USDT/FIST). The attacker EOA was funded at 17:51:26 UTC by a Tornado Cash 0.1 BNB withdrawal (0.0983121 BNB). 'FastSwap' in some reports is FstSwap, the DEX used here, not a separate incident.

Chronology

1 beat
  1. Sep 29, 2026 at 17:51:26 UTC the attacker EOA was funded through a Tornado Cash 0.1 BNB withdrawal. At 17:52:41 UTC it deployed the attack contract and at 17:53:01 UTC (block 124759921) ran the exploit in one transaction: it flash-borrowed 13,481,395.30 FIST from FstSwap, bought 140 MSN and added it as LP, dumped 12.2M FIST to crush the MSN reserve to 89.33 while reward accrual fired, bought MSN back to lift the reserve to 491.11, and removed liquidity. UserRemoveLp then paid 1,442,165.713011 FIST against about 940,041.61 FIST funded. After repaying the flash loan the attacker kept about 92.6k USDT. TenArmor (Sep 30, 01:38 UTC) and SlowMist (Sep 30, 03:59 UTC) flagged it. One minute after the exploit the full USDT balance was bridged to Ethereum via MetaMask Bridge (Bridgers) and converted to 34.18 ETH, which was deposited into Tornado Cash in eight transactions between 18:11 and 18:18 UTC. No project statement was found.

Sources and coverage

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