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ID:

autoshark-finance-208

Date:

Status:

Incident Count:

October 29, 2021

Verified

3

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

Certik

Loss Amount:

2,000,000

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Recovered:

-

Rewards:

Currency:

USD, 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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Days in Operation:

501

(1.37 Years)

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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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