View source for WXC Token Smart Contract Token Burn Mechanism Triggered

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[[File:Binancesecurity.jpg|thumb|Binance Security Image]]The WXC smart contract was launched on the Binance Smart Chain. Shortly after, a vulnerability in its token burn mechanism—specifically triggered when selling tokens to the pair—was exploited by an attacker. As a result, approximately $30.9k was stolen. The incident was analyzed and reported by TenArmor. The WXC protocol doesn't appear to have any visible social media, and it remains unclear whether any investigation or recovery efforts are underway.<ref name="tenarmortweet-20974" /><ref name="bscscanattack-20975" /><ref name="wxcsmartcontract-20976" /><ref name="wxcsmartcontractcreation-20977" /><ref name="pancakeswap-20978" /><ref name="apespace-20979" /><ref name="top100token-20980" />

== About WXC Smart Contract ==
The WXC smart contract is located on Binance Smart Chain, and was launched on July 31st, 2025.

== The Reality ==
Unfortunately, it appears that the burn mechanism of the smart contract introduced a vulnerability.

== What Happened ==
The smart contract for the WXC token on Binance Smart Chain was exploited due to a flaw in its token burn mechanism, resulting in a $30.9k loss.
{| class="wikitable"
|+Key Event Timeline - WXC Token Smart Contract Token Burn Mechanism Triggered
!Date
!Event
!Description
|-
|July 31st, 2025 9:59:53 PM MDT
|Smart Contract Crearted
|The victim smart contract is first created on Binance Smart Chain.
|-
|August 10th, 2025 8:59:18 PM MDT
|Attack Transaction
|The attack transaction is accepted and processed by the Binance Smart Chain.
|-
|August 10th, 2025 11:20:00 PM MDT
|TenArmor Tweet Posted
|TenArmor posts an alert regarding the attack transaction.
|}

== Technical Details ==
"It appears that the token burn mechanism, triggered when selling tokens to the pair, was exploited by the attacker."

== Total Amount Lost ==
TenArmor has reported that the total amount lost in the attack was $30.9k.

The total amount lost has been estimated at $31,000 USD.

== Immediate Reactions ==
There is no indication of any reaction from the protocol.

== Ultimate Outcome ==
The incident was reported on and analyzed by TenArmor.

== Total Amount Recovered ==
It is unlikely that the lost funds will be recovered.

There do not appear to have been any funds recovered in this case.

== Ongoing Developments ==
It is unclear if any further investigation or recovery attempt is ongoing.
== Individual Prevention Policies ==
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== Platform Prevention Policies ==
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== Regulatory Prevention Policies ==
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== References ==
<references><ref name="tenarmortweet-20974">[https://twitter.com/TenArmorAlert/status/1954774967481962832 TenArmor - "Our system has detected that #WXC on #BSC was attacked, resulting in an approximately loss of $30.9K. It appears that the token burn mechanism, triggered when selling tokens to the pair, was exploited by the attacker." - Twitter/X] (Accessed Aug 11, 2025)</ref>

<ref name="bscscanattack-20975">[https://bscscan.com/tx/0x1397bc7f0d284f8e2e30d0a9edd0db1f3eb0dd284c75e30d226b02bf09ad068f Attack Transaction - BSCScan] (Accessed Aug 11, 2025)</ref>

<ref name="wxcsmartcontract-20976">[https://bscscan.com/address/0x8087720eeea59f9f04787065447d52150c09643e WXC Smart Contract - BSCScan] (Accessed Aug 11, 2025)</ref>

<ref name="wxcsmartcontractcreation-20977">[https://bscscan.com/tx/0x7cf328acf73f2ddd209301e97bdcc2c0de0b4ff9f6953be115334bf9343cfe99 Creation Transaction For WXC - BSCScan] (Accessed Aug 11, 2025)</ref>

<ref name="pancakeswap-20978">[https://pancakeswap.finance/info/token/0x8087720EeeA59F9F04787065447D52150c09643E WXC Token - PancakeSwap] (Accessed Aug 11, 2025)</ref>

<ref name="apespace-20979">[https://apespace.io/bsc/0x8087720eeea59f9f04787065447d52150c09643e WXC Token - ApeSpace] (Accessed Aug 11, 2025)</ref>

<ref name="top100token-20980">[https://top100token.com/binance/0x8087720eeea59f9f04787065447d52150c09643e WXC Token - Top100Token] (Accessed Aug 11, 2025)</ref></references>