Cryptocurrency
[loss] $2M+
Tweet by PeckShield
Primary Source ↗Financial Loss
$1.9M
(1,900,000 USD)
Blockchain(s)
Bsc
Incident Details
An attacker stole about $1.9 million after exploiting a bug in the smart contract for the Creat Future token. The contract’s transfer function was defined as public, with no validation on the caller, allowing anyone to transfer tokens from any wallet. An attacker quickly exploited this flaw to drain millions of $CF tokens from various wallets, then exchange and tumble them to cover their tracks. The attacker made off with about $1.9 million, and the value of $CF crashed.$CF was an asset belonging to Creat Future, an early-stage defi project. Some have speculated that the hack was an inside job, and the vulnerable function was added intentionally.
Total loss estimated at $1,900,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- Creat Future
Timeline
- 2022-04-11 Breach occurred
- 2022-04-11 Publicly disclosed