Analyzing a Suspected DeFi Exploit: CertiK Alert on Base Blockchain

The cryptocurrency community is buzzing over a concerning alert from CertiK Alert (@CertiKAlert) on X, posted on the same day. The tweet flags suspicious transactions on the Base blockchain involving @Anome_Official, pointing to a potential exploit that could impact investors.

#CertiKInsight

We have detected suspicious transactions on Base involving @Anome_Official.

An exploiter bought 1e20 Bnome with 0.2 ETH and supplied them to contract 0x7144. Then, it repeatedly borrowed Anome USD worth ~44 ETH(~$120K) before depositing them into… pic.twitter.com/lNWz9znplz

— CertiK Alert (@CertiKAlert) June 10, 2025

According to the alert, an exploiter acquired 1e20 Bnome tokens using just 0.2 ETH and supplied them to contract 0x7144. Subsequently, the attacker repeatedly borrowed Anome USD worth approximately 44 ETH—equating to around $120,000—before depositing the funds into another contract. This maneuver suggests a sophisticated manipulation, possibly exploiting vulnerabilities in smart contracts, a trend corroborated by a 2024 Journal of Cybersecurity study reporting a 30% surge in DeFi exploits due to such weaknesses.

This incident echoes a recent $260M exploit on the Sui blockchain, detailed by TheStreet Crypto on May 22, 2025, where attackers drained liquidity pools, triggering market panic. The Base exploit, while smaller in scale, aligns with this growing pattern of targeted attacks on decentralized finance platforms, as evidenced by on-chain data from analysts like Lookonchain, who tracked similar fund conversions to stablecoins like USDC.

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CertiK’s warning emphasizes the need for vigilance, a call reinforced by their 2023 report on brand misuse, which highlighted scammers leveraging such alerts to deceive users. The crypto ecosystem faces a dual threat: technical vulnerabilities and social engineering scams. Investors are urged to audit smart contracts rigorously and stay informed about evolving risks.

As the investigation unfolds, this event serves as a stark reminder of the volatile nature of DeFi. The community awaits further details from CertiK and @Anome_Official, hoping to mitigate losses and strengthen security protocols in this rapidly evolving space.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

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