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Detail Analysis

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Date:

Status:

Count:

Contributor:

May 10, 2022

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Verified

1

zerofriction.io

Loss Amount:

30,602

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Recovered Amount:

-

Currency:

Dollars, OWN

KYC By:

Audit By:

None

None

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Key Indicators

Platform:

Type:

Category:

Method:

Binance Smart Chain

NFTs

Assets

Contract Vulnerabilities

Extended Method:

Reentrancy attack

Data Sources:

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OWNLY is a metaverse-focused platform that allows creators and collectors to optimize ownership and utility through innovative applications of non-fungible tokens (NFT). Ownly is created to be a meeting place of artists, gamers, and collectors in the crypto and NFT space.

According to the Dev Team, the stake OWN, earn Mustachio Marauder NFT staking contract was exploited. Total of 930M OWN tokens were drained during the attack. The attacker exchanged the acquired OWN tokens for 115 BNB ($37K+) through a pair transaction.

The pattern of the exploit indicated that a reentrancy attack was utilized. In addition, we believe that the attacker may also be related to the attacker on the recent Bistroo attack because the pToken BIST was utilized to fund the setup of the attack contract.

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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.