GemJoin, a subsidiary of 42DAO, was attacked on BSC, resulting in a loss of approximately 900,000 USD

According to a security alert released by the on-chain security monitoring organization TenArmor on July 22, its system detected a suspicious attack incident involving GemJoin under 42DAO (@42dao_official), which occurred on the BNB Smart Chain (BSC) and resulted in a loss of approximately $900,000.

On-chain transaction records show that the attacker extracted about 10.73 Binance-Peg BTCB (worth approximately $715,000) through the GemJoin contract and conducted token exchange operations via PancakeSwap, involving assets such as BALANCE COIN (BLC) and Binance-Peg BSC-USD.