✉️ NEWS UPDATES ✉️

Base-based memecoin Normie was exploited and its price fell by more than 99% in one minute, with its market cap dropping from $41.87 million to as low as $34,860. Attackers use loopholes in the contract tax mechanism to carry out flash loan attacks.

In other news:

Normie's team accepted the exploiter's offer to return 90% of the exploited ETH and allow the hacker to keep 10% as a reward. The team also agreed to use 600 ETH from the Normie developer wallet to launch a new token used to replace NORMIE holders.

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