TrustPad

Amount Lost: $152,487.00
Funds Returned: $0.00
Category: Other
Date: 2023-11-7

Quick Summary

TrustPad, a DeFi launchpad on Binance Smart Chain, was exploited, resulting in the loss of 615.19 BNB worth approximately 152,487 USD.

Details of the Exploit

TrustPad is a DeFi launchpad running on the Binance Smart Chain. On November 7, 2023, the project's vulnerable smart contracts were exploited by an attacker. The vulnerability was in the staking mechanism, allowing the attacker to perform multiple deposit and withdraw transactions to exploit and withdraw roughly 615.19 BNB. The stolen funds were then deposited into TornadoCash, making it difficult to trace the attacker's identity. The exploit resulted in a loss of approximately 152,487 USD worth of BNB.