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Detail Analysis

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Date:

Status:

Count:

Contributor:

May 24, 2021

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Verified

2

zerofriction.io

Loss Amount:

750,000

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Recovered Amount:

-

Currency:

Dollars, SHARK, WBNB

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Binance Smart Chain

Protocol

Flash Loans

Extended Method:

Flash loan attack

Data Sources:

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The DeFi protocol AutoShark Finance on the Binance Smart Chain (BSC) was attacked by a lightning loan, and the currency price suffered a flash crash, with a drop of more than 99% at one time, loss of 750,000 USD. A hacker used 100K BNB of flash loan and minted 135M of SHARK token from Autoshark. As a result, the hacker has taken out 2.2k WBNB (~$745k).

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.