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TechFlow news: The Base ecosystem meme coin NORMIE plummeted 99.08% following a flash loan attack, currently trading at $0.00036. The attacker exploited a design flaw in the NORMIE token's cross-chain bridge, manipulating its price on Base Chain via flash loans. By injecting a large amount of funds into a wallet controlled by the project team, the attacker diluted the token supply, causing a sudden price crash.
The Meme coin NORMIE in the Base ecosystem plummeted 99.08% due to a flash loan attack, now trading at $0.00036. The attacker exploited a design flaw in the NORMIE token's cross-chain bridge, manipulating the price on Base Chain via flash loans. By injecting a large amount of funds into a wallet controlled by the project team, the attacker diluted the token supply, causing a sudden price crash.
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