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Detail Analysis

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Date:

Status:

Count:

Contributor:

August 17, 2021

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Verified

1

zerofriction.io

Loss Amount:

4,000,000

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Recovered Amount:

-

Currency:

Dollars, SURGEBNB

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:

Binance Smart Chain

Protocol

Flash Loans

Extended Method:

Flash loan attack

Data Sources:

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On August 17, the DeFi project XSURGE on BSC suffered a lightning loan attack. On August 16, local time, XSURGE officially issued a statement about the SurgeBNB vulnerability before the attack. Since the SurgeBNB contract cannot be changed and has been abandoned, the vulnerability cannot be patched. XSURGE said that it did not disclose any specific details about the nature of this vulnerability, but strongly recommends that users migrate out of SurgereBnb as soon as possible. The vulnerability may be triggered by an attacker at any time. After the announcement, XSURGE was subsequently attacked, and the attacker stole $5 million from SurgeBNB.

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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.