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Detail Analysis

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Date:

Status:

Count:

Contributor:

June 27, 2021

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Verified

1

zerofriction.io

Loss Amount:

-

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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

Lending

Contract Vulnerabilities

Extended Method:

no access control

Data Sources:

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The DeFi protocol Wild Credit on Ethereum suffered a white hat attack via A potential irregularity on the BNT-ETH pair, and the attacker has returned a total of $650,000. The exploit happened due to a very basic issue in the smart contracts that I bet most of the followers can detect. Anyone can call the `initialize` function to become the owner of the LP token contract. The owner can freely mint and burn LP tokens. The hacker took ownership of the contract, minted a bunch of tokens to themselves, and then used those fake tokens to withdraw real funds.

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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.