BlockSec has identified an imitation attack targeting FOOMCASH contracts on the Base and Ethereum networks. The findings, reported by PANews, describe counterfeit FOOMCASH contracts operating on these networks. The alert underscores rising risk to FOOMCASH deployments across both platforms.
According to the report, the counterfeit contracts closely resemble legitimate deployments, potentially deceiving users and enabling unauthorized transfers. The advisory calls for rigorous contract verification, code audits, and ongoing monitoring across Base and Ethereum. Users should rely on official FOOMCASH communications for updates and trusted deployments.
Security researchers will continue to track counterfeit activity, with BlockSec and similar firms providing ongoing analyses. This incident highlights the broader threat of imitation contracts in DeFi ecosystems, where rapid multi-network activity creates attack surfaces.
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