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ID:

merlin-lab-413

Date:

Status:

Incident Count:

May 27, 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:

Hacken

Loss Amount:

550,000

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Recovered:

-

Rewards:

Currency:

USD, ETH

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Protocol

Flash Loans

Extended Method:

Flash loan attack

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Days in Operation:

0

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MerlinLab, the DeFi revenue aggregator, was attacked. The attack method was similar to that of PancakeBunn. According to a report on Rekt, Merlin Lab, a fork of PancakeBunny was hacked and the platform lost about 200 ETH to an attack that took advantage of a mistake in their new priceCalculator that mispriced only BAND.

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