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Detail Analysis

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Date:

Status:

Count:

Contributor:

April 25, 2020

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Verified

1

zerofriction.io

Loss Amount:

28,537

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Recovered Amount:

-

Currency:

Dollars

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:

Ethereum

Protocol

Options

Contract Vulnerabilities

Extended Method:

Contract vulnerabilities

Data Sources:

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Hegic is an option trading protocol. Hegic options exchange confronted a vulnerability in its smart contract codes hours after launching. The bug locked user funds into expired options contracts, rendering them permanently inaccessible or 152.2 ETH (about 28,537 USD) permanently locked in the contract pool of unexercised put / call options. Out of the 19 contracts, 16 are put options (DAI is locked) and 3 are call options (ETH is locked). Hegic said it will process a 100% refund for all involved users.

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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.