ChainBleedv0.1 · open intel
← back to feed·ETHRUG2023-07-29 · 2y ago
Incident · SLOWMIST

Kannagi Finance

Rug Pull
Estimated loss
$2.13M
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

Kannagi Finance has rug pulled, making away with up to $2.13 million in investor funds. The platform runs o the zkSync Era, which is in the race for the best Ethereum Layer 2 network. The network has deleted its official website, including social media and communication accounts. Attack method (per SlowMist): Rug Pull. Reported loss: $ 2,130,000.

Primary source
https://www.fxstreet.com/cryptocurrencies/news/zksync-era-revenue-aggregator-protocol-kannagi-finance-has-reportedly-rug-pulled-over-2-million-2023072
Sourced from
slowmist
Technical record
chain
ethereum
protocol
Kannagi Finance
bug_class
rug
date_occurred
2023-07-29
loss_usd
$2,130,000
source_id
sm:kannagi-finance::2023-07-29
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