Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
The Neko Network, a lending protocol on the Binance Smart Chain (BSC), was attacked. The attacker used vulnerabilities in the protocol to mortgage assets in the name of the user and sent the borrowed funds directly to the attacker’s own address. All asset pools on the Neko Network have been frozen to avoid changes. Multiple attacks occur. Due to the setting of the time lock, it takes 24 hours to develop the fund pool and allow users to raise funds in the pool. Neko Network is a product developed by the Zero Coupon Money Market Protocol Maze Protocol team. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 2,200,000.
- chain
- bsc
- protocol
- Neko Network
- bug_class
- logic
- date_occurred
- 2021-08-13
- loss_usd
- $2,200,000
- source_id
- sm:neko-network::2021-08-13