The GAIN project was exploited by attackers due to a misconfiguration of LayerZero Peer

ChainCatcher news, according to GoPlus analysis, the GAIN project was exploited by attackers due to a LayerZero Peer configuration error. The attackers initialized additional Peers on the ETH chain and minted TTTTT, bypassing cross-chain verification to anomalously issue 5 billion GAIN on the BSC chain.

This incident is similar to the previous Yala attack, and the GAIN price has plummeted over 90%. Users are advised to temporarily cease interactions with this project to prevent losses.