NEM Token Exploit: A Skim-and-Burn Loop Drained $822K

Originally published at NEM Token Exploit: A Skim-and-Burn Loop Drained $822K On 21 October 2026 at 03:28 UTC , a single transaction on BNB Chain took about $822K out of the PancakeSwap USDT/NEM pair. The attacker did not steal a key or find a bug in PancakeSwap. They used the NEM token's own t...

Source: [Dev.to](https://dev.to/pandasecurity/nem-token-exploit-a-skim-and-burn-loop-drained-822k-2fi8)