ChainBleedv0.1 · open intel
← back to feed·ETHRUG2020-10-10 · 5y ago
Incident · SLOWMIST

UniCats

Scam
Estimated loss
$200.0K
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

Encrypted wallet ZenGo researcher Alex Manuskin revealed that UniCats, a so-called "yield farming platform" based on the Ethereum network, is suspected of stealing at least $200,000 in encryption from several users, including the governance token UNI of the decentralized financial platform Uniswap assets. A backdoor in the smart contract allows UniCats to retain control of its user tokens even if these tokens have been withdrawn from the user pool. Previous attacks against Bancor also used similar vulnerabilities. Attack method (per SlowMist): Scam. Reported loss: $ 200,000.

Primary source
https://decrypt.co/43927/ethereum-user-scammed-for-140000-in-uniswap-uni-tokens
Sourced from
slowmist
Technical record
chain
ethereum
protocol
UniCats
bug_class
rug
date_occurred
2020-10-10
loss_usd
$200,000
source_id
sm:unicats::2020-10-10
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