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Hack history / 2026 / Hack or exploit

NEM(NemTokenV2)

Hack or exploit on Oct 22, 2026 · Smart Contract Vulnerability

ONE SOURCE · 1 SOURCE
Lost
$822K
dollars at the time
Returned
none listed
as the sources state it
Rank
#991
among thefts by dollars lost

What happened

The NEM (NemTokenV2) token contract on BSC was exploited via its PancakeSwap USDT/NEM liquidity pool. The contract credited transfers into the LP as sell volume without verifying actual swap settlement. The attacker repeated transfer → skim() → flushLpSellRecycle() 42 times, burning pre-existing LP reserves and syncing lower reserves, then sold the remaining NEM at the inflated price to extract approximately $821,920 in USDT.

Details

Date
Oct 22, 2026
Kind
Hack or exploit
Method
Smart Contract Vulnerability
How in
Smart contract bug
Target
not stated
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "NEM(NemTokenV2) hack, Oct 22, 2026: $822K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht0bc207a000/ (data as of 2026-10-31).
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