ChainBleedv0.1 · open intel
← back to feed·LOGIC2023-07-28 · 2y ago
Incident · SLOWMIST

Pond0x

Contract Vulnerability
Estimated loss
$2.20M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
LOGIC
LOGICBYTECODE 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

A serious flaw in Pond0x, the Pepe the Frog-branded MEME coin launched by Pauly0x, caused traders to lose at least $2.2 million after it was discovered that anyone could transfer tokens belonging to someone else. People quickly started scrambling to steal money from each other. Pauly0x responded by blaming traders who were buying and selling tokens, with various Twitter posts the next day saying he was teaching people a lesson that it wasn’t his fault that people lost money. He wrote to angry traders accusing him of rug pulling. He added a message to the website: "GREED KILLS". Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 2,200,000.

Primary source
https://twitter.com/YazanXBT/status/1684971383590199325
Sourced from
slowmist
Technical record
chain
protocol
Pond0x
bug_class
logic
date_occurred
2023-07-28
loss_usd
$2,200,000
source_id
sm:pond0x::2023-07-28
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