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
According to the official community information of Meerkat Finance, its vault contract was hacked, and the hacker used the loophole to steal all the funds in the vault. According to reports, the BSC project Meerkat Finance is suspected of running away and swept away about 31 million US dollars, of which 14 million BUSD and the other 73,000 BNB. MKAT claims to have been hacked to steal all resources. Attack method (per SlowMist): Rug Pull. Reported loss: $ 31,000,000.
Primary source
https://www.chainbs.com/article/2059798 ↗Sourced from
slowmist
Technical record
- chain
- bsc
- protocol
- Meerkat Finance
- bug_class
- rug
- date_occurred
- 2021-03-04
- loss_usd
- $31,000,000
- source_id
- sm:meerkat-finance::2021-03-04
Related — same bug class· rug