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ID:

pinecone-finance-263

Date:

Status:

Incident Count:

August 19, 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:

Beosin

Loss Amount:

-

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Recovered:

-

Rewards:

Currency:

PCT

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Protocol

Yield

Front-end Vulnerabilities

Extended Method:

Front end vulnerabilities

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Days in Operation:

420

(1.15 Years)

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Pinecone Finance protocol token (PCT), a yield optimizer protocol, was hacked when the Pinecone PCT pool pledge went online. The front-end was processing illegal characters, the hacker bypassed the front-end and called the smart contract directly through an ordinary account. The hacker deposited PCT tokens greater than the net available balance. During the withdrawal process, a user can withdraw more tokens. Currency prices plunged. Total loss- 3,500,000 PCT tokens.

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