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ID:

neko-network-269

Date:

Status:

Incident Count:

August 13, 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:

2,200,000

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Protocol

Lending

Contract Vulnerabilities

Extended Method:

Protocol vulnerabilities

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Days in Operation:

0

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The Neko Network, a lending protocol on the Binance Smart Chain (BSC), was attacked. The attacker used vulnerabilities in the protocol to mortgage assets in the name of the user and sent the borrowed funds directly to the attacker’s own address. All asset pools on the Neko Network have been frozen to avoid changes. Multiple attacks occur. Due to the setting of the time lock, it takes 24 hours to develop the fund pool and allow users to raise funds in the pool. Neko Network is a product developed by the Zero Coupon Money Market Protocol Maze Protocol team.

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