According to OKLink data OKX There was a serious technical glitch in the exchange’s Boost rewards contract. In just 4 seconds, 32 different addresses requested a total of 623 million PYBOBO coins and received 625 million coins. prize poolIt evacuated almost all of it, 99.68 percent of it. The largest unique request came from 2zAnVa…VvCd2h, worth approximately 37.8 million units of PYBOBO (approximately $18,600). Upon detection of the problem, OKX Wallet announced that PYBOBO reward distributions were temporarily suspended and an update will be made when the correction works are completed.
Instant Collapse in Smart Contract
PYBOBO coin The fact that the smart contract that manages the reward distribution is almost completely discharged within a few seconds indicates a serious security or coding error in the automatic request mechanism in the system. 32 addresses in the pool received transaction confirmation within milliseconds. altcoinThe capture of 99 percent of ‘s showed once again how fragile simultaneous transaction management can be in Blockchain-based reward systems.
OKLinkIn-Blockchain data provided by ‘s reveals that contract interactions occur at an unusually fast pace. Requests, which normally progress with a delay of seconds, were completed in almost the same block here. This raised the possibility that the priority processing mechanisms or gas optimizations in the system may have been manipulated.
Emergency Response from OKX
OKX Wallet The team announced that they stopped PYBOBO coin reward requests immediately after the error was noticed. The platform stated that transactions were temporarily suspended for the security of user assets and that the technical team was investigating the source of the incident. The exchange is conducting a thorough investigation to determine whether the bug occurred at the smart contract level or in the client-side transaction ordering.
According to experts, although contract redistribution or recovery of unfair gains is technically possible, recalling intra-Blockchain assets requires a complex process. What kind of communication strategy OKX will follow in terms of transparency and trust renewal after the incident will be decisive in regaining user trust.
