WXC Token Smart Contract Token Burn Mechanism Triggered
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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.[1][2][3][4][5][6][7]
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.
| 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
No specific policies for individual prevention have yet been identified in this case.
For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.
Platform Prevention Policies
Policies for platforms to take to prevent this situation have not yet been selected in this case.
For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.
Regulatory Prevention Policies
No specific regulatory policies have yet been identified in this case.
For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.
References
- ↑ 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)
- ↑ Attack Transaction - BSCScan (Accessed Aug 11, 2025)
- ↑ WXC Smart Contract - BSCScan (Accessed Aug 11, 2025)
- ↑ Creation Transaction For WXC - BSCScan (Accessed Aug 11, 2025)
- ↑ WXC Token - PancakeSwap (Accessed Aug 11, 2025)
- ↑ WXC Token - ApeSpace (Accessed Aug 11, 2025)
- ↑ WXC Token - Top100Token (Accessed Aug 11, 2025)