VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
Yield aggregator Blur Finance withdrew more than $600,000 in assets from BNB Chain and Polygon before deleting websites and social media accounts. The project, which has only been active for about a month, has amassed about 750 users on its initial BNB Chain implementation, which was announced on Polygon on August 5. Attack method (per SlowMist): Rug Pull. Reported loss: $ 600,000.
Primary source
https://www.coindesk.com/tech/2022/08/10/more-than-600k-vanishes-from-defi-project-blur-finance-as-developers-disappear ↗Sourced from
slowmist
Technical record
- chain
- bsc
- protocol
- Blur Finance
- bug_class
- rug
- date_occurred
- 2022-08-10
- loss_usd
- $600,000
- source_id
- sm:blur-finance::2022-08-10
Related — same bug class· rug