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ID:

optionroom-300

Date:

Status:

Incident Count:

July 11, 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:

106,026

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Recovered:

-

Rewards:

Currency:

USD, ROOM

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Protocol

Contract Vulnerabilities

Extended Method:

Chainswap

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Days in Operation:

0

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According to official news, Polkadot's ecological oracle and prediction protocol OptionRoom stated that it was affected by the "cross-chain asset bridge ChainSwap attack", and many projects including OptionRoom were affected by the hacker attack. Hackers can obtain 2.3 million ROOM tokens on Ethereum and 10 million ROOM tokens on BSC. We noticed the attack before any tokens were sold by the hacker and we decided to remove liquidity from UniSwap and PancakeSwap immediately in order to protect token holders and liquidity providers from the hacker dumping.” Following the $550,000 theft, the OptionRoom team have moved quickly, with the CEO saying they had been “able to recover $443,974 by selling tokens from the deployer into the Uniswap pool”.

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