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ID:

schnoodle-954

Date:

Status:

Incident Count:

June 18, 2022

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

No

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Audit By:

Audits:

None

Loss Amount:

112,000

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Recovered:

-

Rewards:

Currency:

USD, SNOOD

Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Assets

Token

Contract Vulnerabilities

Extended Method:

Logic error

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Days in Operation:

414

(1.13 Years)

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Schnoodle is a true trustless and progressive DeFi DAO that bridges key cryptocurrency concepts including meme, yield farming, NFTs, and multichain interoperability.

The project owner posted on Ethereum Overstack that the ERC777 token contract was hacked, resulting in a lost of $112K. The root cause of the vulnerability was that the spent allowance and transferFrom functions are broken allowing anyone to transfer the tokens.

Total loss of the liquidity pool or 104 ETH.

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