Closed svg-arch closed 4 weeks ago
Statement: On July 27, 2023, DefiLabs, a platform touting itself as a decentralized finance solution powered by artificial intelligence, stole $1,637,000 from its users on the Binance Smart Chain. :white_check_mark:
Statement: The theft was facilitated through a backdoor in the staking contract, specifically a function that allowed the project's creators to drain all user deposits. :white_check_mark:
Statement: Lost approximately 1,428,146 BCS-USD, 3.7 BTCB ($109,927), 28.4 ETH ($53,590), 29,531 CAKE ($44,887), 442 BUSD :warning:
Statement: The first malicious transaction occurred on July 27, 2023, 11:32 AM UTC. :warning:
Statement: HashDit reported about rug pull on July 27, 2023, 04:01 PM UTC. :warning:
2023-07-27-DefiLabs.md
2023-07-27-DefiLabs.md
:white_check_mark:## Summary, ## Attackers, ## Losses, ## Timeline, ## Security Failure Causes
## Summary, ## Attackers, ## Losses, ## Timeline, ## Early Indicators
:warning:
date, target-entities, entity-types, attack-types, title, loss
date, target-entities, entity-types, attack-types, title, loss
:white_check_mark:date
header matches the event date mentioned in the text.
target-entities
header matches the affected entity mentioned in the text.
loss
header matches the total loss amount mentioned in the text.
entity-types
header correctly identifies DefiLabs as a DeFi platform.attack-types
header accurately lists "Scam" and "Rug Pull" based on the incident description.
/articlecheck