ChainBleedv0.1 · open intel
← back to feed·RUG2024-10-26 · 1y ago
Incident · SLOWMIST

Essence Finance

Rug Pull
Estimated loss
$20.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
RUG
RUGBYTECODE CATCHABLEAI SCANNABLE
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

Scroll ecosystem stablecoin project Essence Finance is suspected of rugpulled, its stablecoin CHI has fallen by more than 92% to $0.077 in the past 24h, more than $20 million of collateral is suspected to have been removed. Attack method (per SlowMist): Rug Pull. Reported loss: $ 20,000,000.

Primary source
https://www.odaily.news/newsflash/397449
Sourced from
slowmist
Technical record
chain
protocol
Essence Finance
bug_class
rug
date_occurred
2024-10-26
loss_usd
$20,000,000
source_id
sm:essence-finance::2024-10-26
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