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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 4, 2021

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Verified

1

zerofriction.io

Loss Amount:

2,010,000

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Recovered Amount:

-

Currency:

Dollars, RAI

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:

Chainswap, Polkadot

Protocol

Contract Vulnerabilities

Extended Method:

Chainswap, RAI access and payment authority addresses were attacked

Data Sources:

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RAI Finance, a cross-chain transaction protocol based on the Polkadot blockchain, issued a post stating that due to the vulnerability of the ChainSwap smart contract, the RAI access and payment permission addresses connected to it were also hacked and stolen. The total amount of stolen RAI in the account reached 2.9 million. On July 5, Rai Finance tweeted that after investigation by the team, hackers had returned 2.2 million RAIs to ChainSwap Deployer. The total loss caused by this incident was reduced to 670,000 RAI.

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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.