Hdr_About.jpg

Detail Analysis

link.png

Date:

Status:

Count:

Contributor:

August 15, 2021

info.png

Verified

1

zerofriction.io

Loss Amount:

3,202,539

info.png

Recovered Amount:

-

Currency:

Dollars, REF-NEAR pair

KYC By:

Audit By:

None

None

info.png

Website:

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Near

Exchange

Dexes

Contract Vulnerabilities

Extended Method:

Contract vulnerabilities

Data Sources:

info.png

Ref Finance has a bug and some people have taken advantage of this bug to withdraw all the money in the REF-NEAR farm pair. Total damage was estimated at $3 million. The team has promised to compensate users and work with legal authorities to recover lost funds, and will reward those who voluntarily return tokens. The NEAR ecological decentralized exchange Ref.Finance team tweeted that at around 2 pm UTC on August 14th, the Ref team noticed the abnormal behavior of the REF-NEAR trading pair, and then discovered that the patch of the recently deployed contract An error, which has been exploited by multiple users, affected approximately 1 million REFs and 580,000 NEARs. At present, the Ref team has suspended the contract for 48 hours to prevent further attacks and coordinated with the exchange to block the corresponding account. The user does not need to take any action, and Ref will fully compensate any permanently lost funds. At the same time, the Ref team expressed the hope that the corresponding account will return the funds. If it is not returned within 48 hours, it will adopt operations such as forking the token contract and issuing new tokens to the corresponding project party.

info.png

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.