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Detail Analysis

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Date:

Status:

Count:

Contributor:

May 23, 2021

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Verified

1

zerofriction.io

Loss Amount:

3,600,000

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Recovered Amount:

-

Currency:

Dollars, BOG

KYC By:

Audit By:

None

None

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Website:

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

Protocol

Dexes

Flash Loans

Extended Method:

Flash loan attack

Data Sources:

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The DeFi protocol Bogged Finance officially stated that hackers carried out a lightning loan attack on the staking function vulnerability of BOG token contracts and withdrew 3 million US dollars from the liquidity pool. The hackers used the Pancake Pair Swap code to withdraw the pledge before the contract verification was completed. income. The official team stated that the remaining 8 million US dollars in the current liquidity pool is safe. The vulnerabilities used by hackers have been "blocked" and cannot be reused. The tools provided by Bogged Finance are still safe to use, and the team is repairing the front end. This incident leads to the inflated balance of 151K BOG which was then sold by the attacker for $3.6M profit

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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.