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ID:

fortunas-finance-1178

Date:

Status:

Incident Count:

September 22, 2022

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

180,000

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Recovered:

-

Rewards:

Ticker:

USD, Fortuna

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Chain Game

Token

Flash Loans

Extended Method:

Manipulation of minting of Fortuna tokens

Fairyproof.com

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Days in Operation:

161

(0.44 Years)

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Fortunas Finance is building a smart Defi ecosystem, one that has a fundamental grasp on the principle of supply and demand. Gone are the days of Ponzinomics, every Fortunas Finance investor requires contributing resources in order to generate cash flow. By using a smart risk-reward structure, Fortunas Finance is building an exciting protocol that will reward holders for years to come. All while building multiple revenue streams and garnering investor trust.

FairyProof reported that hacker attacks Fortunas Finance through multiple attacking contracts. On September 22, a hacker used four attacking contracts to deploy an addition 250 contracts to attack Fortunas Finance, a DeFi application deployed on the BNB chain.

The attacker conducted a flash-loan for Fortuna tokens in KnightSwap, and repeatedly called on token transfers using these tokens among the deployed 250 contracts. Doing so resulted in minting a large quantity of Fortuna tokens without consuming BUSDs. The attacker later paid back the flash-loan and exchanged the remaining Fortunas to BUSDs on Pancake.

Around 180000 BUSDs were exploited in this incident.

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