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ID:

bamboo-ai-1661

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Date:

Status:

Incident Count:

July 4, 2023

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

None

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50 pts

Audit By:

Audits:

None

Loss Amount:

53,540

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Recovered:

-

Rewards:

Ticker:

USD, BAMBOO

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100 pts
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Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Assets

Token

Flash Loans

Extended Method:

Logic flaw in burn balance calculation

Days in Operation:

17

(0.05 Years)

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100 pts each

The project was exploited resulting in a loss of over $50k. The initial funding source came from FixedFloat and the stolen funds were deposited into FixedFloat. The exploit was facilitated using a flashloan and the root cause was due to imbalance in the burn function of the balance of the pair, causing a rise in price.

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