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ID:

bogged-finance-346

Date:

Status:

Incident Count:

May 23, 2021

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

3,600,000

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Recovered:

-

Rewards:

Currency:

USD, BOG

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance

Protocol

Dexes

Flash Loans

Extended Method:

Flash loan attack

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Days in Operation:

0

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The DeFi protocol Bogged Finance officially stated that hackers carried out a lightning loan attack on the staking function vulnerability of BOG token contracts and withdrew 3 million US USD from the liquidity pool. The hackers used the Pancake Pair Swap code to withdraw the pledge before the contract verification was completed. income. The official team stated that the remaining 8 million US USD in the current liquidity pool is safe. The vulnerabilities used by hackers have been "blocked" and cannot be reused. The tools provided by Bogged Finance are still safe to use, and the team is repairing the front end. This incident leads to the inflated balance of 151K BOG which was then sold by the attacker for $3.6M profit

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