VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
Undisclosed
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
On Aug 10th, Punk Protocol was hacked for $8.95M, ~$5M of which was later returned. The platform planned to offer a DeFi annuity scheme backed by ETH, WBTC and stablecoins. Reported loss: $3,950,000.
Primary source
https://rekt.news/punkprotocol-rekt/ ↗Sourced from
chainsec
Technical record
- chain
- ethereum
- protocol
- Punk Protocol
- bug_class
- unknown
- date_occurred
- 2021-08-10
- loss_usd
- $3,950,000
- source_id
- cs:punk-protocol::2021-08-10
Related — same bug class