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BlockSec and Tokenlon Reached Strategy Partnership

December 1, 2022

We are thrilled to announce that BlockSec and Tokenlon reached a strategic partnership to explore crypto assets security and risk management. BlockSec will provide a comprehensive risk management solution to help Tokenlon securely interact with crypto assets. We will have more in-depth cooperation in the Web3 world.

About Tokenlon

Tokenlon is a decentralized exchange and payment settlement protocol based on Ethereum blockchain technology. Since July 2019, Tokenlon has helped close to 200,000 users complete $25 Billion worth of transaction volume. The transaction success rate was and remains at 99.76%, the best amongst the rest of the DEX. Tokenlon’s vision is to become the open protocol for financial payment and settlement transactions.

Learn more about Tokenlon: Website | Twitter | Medium | Github Contracts | Discord

About BlockSec

BlockSec is a pioneering blockchain security company established in 2021 by a group of globally distinguished security experts. The company is committed to enhancing security and usability for the emerging Web3 world in order to facilitate its mass adoption. To this end, BlockSec provides smart contract and EVM chain security auditing services, the Phalcon platform for security development and blocking threats proactively, the MetaSleuth platform for fund tracking and investigation, and MetaSuites extension for web3 builders surfing efficiently in the crypto world.

To date, the company has served over 300 esteemed clients such as MetaMask, Uniswap Foundation, Compound, Forta, and PancakeSwap, and received tens of millions of US dollars in two rounds of financing from preeminent investors, including Matrix Partners, Vitalbridge Capital, and Fenbushi Capital.

Official website: https://blocksec.com/

Official Twitter account: https://twitter.com/BlockSecTeam

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~$4.72M Lost: TAC, Transit Finance & More | BlockSec Weekly
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~$4.72M Lost: TAC, Transit Finance & More | BlockSec Weekly

This BlockSec weekly security report covers 3 notable attack incidents identified between May 11 and May 17, 2026, across TRON, TON, and Ethereum, with total estimated losses of approximately $4.72M. Three incidents are analyzed in detail: the highlighted $1.88M Transit Finance exploit on TRON, where a deprecated swap bridge contract with lingering token approvals was exploited through arbitrary calldata forwarding; the $2.8M TAC TON-to-EVM bridge exploit caused by missing canonical wallet verification in the jetton deposit flow; and the $46.75K Boost Hook exploit on Ethereum, where spot price manipulation on a Uniswap V4 hook-based perpetual protocol forced the protocol to buy tokens at inflated prices using its own reserves.

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Security Insights

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