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Detail Analysis

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Date:

Status:

Count:

Contributor:

February 10, 2022

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Verified

2

zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

4,800,000

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Recovered Amount:

-

Currency:

Dollars, COCOS

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Platform

GameFi

Unknown

Extended Method:

Unknown

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Dego Finance notified users that the address providing liquidity on Uniswap and Pancakeswap was hacked allowing the DEGO liquidity pairs to be drained. Together, the exploiter withdrew more than $10 million from both Dego Finance and Cocos Blockchain Expedition (cocos-bcx). Cocos-BCX has not commented on the event. However, according to https://cryptobriefing.com/bsc-ethereum-defi-projects-hit-14-4m-hack/, it is speculated that both projects may run by the same team. A day later COCOS-BCX moved funds into a multi-signature wallet.

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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.