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ID:

yfvalue-482

Date:

Status:

Incident Count:

August 25, 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:

-

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Protocol

Contract Vulnerabilities

Extended Method:

Logic error, reset the YFV timer in the pledge.

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Days in Operation:

0

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The DeFi project YFValue (YFV) officially released an announcement stating that the team found a loophole in the YFV pledge pool yesterday, and malicious participants used the vulnerability to reset the YFV timer in the pledge separately. There is a risk of being locked in $170 million in funds. Currently, a malicious participant is trying to blackmail the team using this vulnerability.The YFV Team has identified this malicious actor as a resentful farmer who had, despite our repeated announcements and reminders from the community, neglected to remove his funds from Pool 0 before its close at 7:52AM UTC today. Upon hearing that the team decided to leave the decision of whether to rescue his funds up to the community, he decided to resort to threats and extortion.

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