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ID:

unicats-455

Date:

Status:

Incident Count:

October 10, 2020

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:

200,000

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Protocol

Scams

Extended Method:

Rug Pull

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Days in Operation:

0

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Encrypted wallet ZenGo researcher Alex Manuskin revealed that UniCats, a so-called "yield farming platform" based on the Ethereum network, is suspected of stealing at least $200,000 from several users, including the governance token UNI of the decentralized financial platform Uniswap assets. A backdoor in the smart contract allows UniCats to retain control of its user tokens even if these tokens have been withdrawn from the user pool. Previous attacks against Bancor also used similar vulnerabilities.

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