link.png

ID:

zabu-finance-247

Date:

Status:

Incident Count:

September 12, 2021

Verified

1

info.png
target.png
REKT

Contributor:

chain.png

zerofriction.io

KYC By:

KYC:

None

info.png

Audit By:

Audits:

None

Loss Amount:

600,000

info.png

Recovered:

-

Rewards:

Currency:

USD, ZABU

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Avalanche

Protocol

Yield

Contract Vulnerabilities

Extended Method:

Token incompatibility

info.png

Days in Operation:

0

chain.png
chain.png
chain.png
chain.png
datasource.png

According to the official Zabu Finance on the Avalanche chain, the attackers withdrew 4.5 billion ZABU tokens from Zabu Farm Contract, bringing the supply to 5 billion, and dumped them all to ZABU's Pangolin LPs and Trader Joe LPs, stealing about 600,000 U.S. USD. The pledge of single currency assets is safe, and ZABU related pools are affected. The official will take a snapshot before the attack and distribute it in Zabu V2, restart V2 Farm and attach Zabu V1 Staking Pool. In addition, Zabu Finance stated that it will transfer all income from AutoFarm and IDO Launchpad back to Zabu holders. Earlier news, the Zabu Finance project on the Avalanche chain suffered a flash loan attack.

info.png

DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.