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Detail Analysis

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Date:

Status:

Count:

Contributor:

October 29, 2021

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Verified

2

zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

2,000,000

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Recovered Amount:

-

Currency:

Dollars, JAWS

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Protocol

Dexes

Flash Loans

Extended Method:

Flash loan attack

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The DeFi protocol AutoShark Finance on the Binance Smart Chain was attacked by hackers in a series of transactions, and the hackers made a profit of US$2 million (the protocol loss may be even greater). Previously, AutoShark was attacked by a flash loan in May, and the currency price crashed. AutoShark responded that it would issue a new token, JAWS, to compensate damaged users. Since then, AutoShark was attacked by lightning loan again in early October, and hackers made a profit of approximately US$580,000.

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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.