NFT Cloud

Amount Lost: $85,330.00
Funds Returned: $0.00
Category: NFT,Token
Date: 2023-2-24

Quick Summary

NFT Cloud platform was exploited, which caused a loss of 85,330 $USD worth of $BNB.

Details of the Exploit

NFT Cloud is a Web3 platform for entrepreneurs and creators. The staking contract of the platform was exploited due to an indexing-related logic issue. The attacker was able to receive 100,000 $CLOUD tokens using a malicious contract with an unverified source code, and then drain the PancakeSwap liquidity pool. The token price dropped by more than 75% cause of an exploit. The total funds lost reached roughly 265 $BNB which is worth 85,300 $USD at the moment. All the stolen funds were transferred through TornadoCash.