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Detail Analysis

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Date:

Status:

Count:

Contributor:

September 12, 2021

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Verified

1

zerofriction.io

Loss Amount:

600,000

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Recovered Amount:

-

Currency:

Dollars, ZABU

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:

Avalanche

Protocol

Yield

Contract Vulnerabilities

Extended Method:

Token incompatibility

Data Sources:

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According to the official Zabu Finance on the Avalanche chain, the attackers withdrew 4.5 billion ZABU tokens from Zabu Farm Contract, bringing the supply to 5 billion, and dumped them all to ZABU's Pangolin LPs and Trader Joe LPs, stealing about 600,000 U.S. dollars. The pledge of single currency assets is safe, and ZABU related pools are affected. The official will take a snapshot before the attack and distribute it in Zabu V2, restart V2 Farm and attach Zabu V1 Staking Pool. In addition, Zabu Finance stated that it will transfer all income from AutoFarm and IDO Launchpad back to Zabu holders. Earlier news, the Zabu Finance project on the Avalanche chain suffered a flash loan attack.

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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.