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ID:

bancor-518

Date:

Status:

Incident Count:

June 18, 2020

Verified

2

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

Halborn, Peckshield

Loss Amount:

135,229

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Protocol

Dexes

Contract Vulnerabilities

Extended Method:

Logiccal error, incorrect visibility method

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Days in Operation:

0

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Due to the unverified safeTransferFrom () function in the new Bancor network contract, user funds are about to be depleted. The Bancor team stated: 1. A security vulnerability was discovered in the new Bancor Network v0.6 contract released two days ago; 2. After the vulnerability was discovered, the team conducted a white hat attack to transfer funds to a secure address; 3. The audit of the smart contract has been completed.But there are still $135,229 preemptively traded by two unknown arbitrage robots.

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