The price of BabyMusk plunged 99%, Rug Pull prevention is imminent
Let me tell you a ghost story...
The project party can control more than 50% of the tokens!
On February 10, 2022, Beijing time, the CertiK security technology team found that the price of BabyMuskCoin plummeted by 99%, 1571BNB (equivalent to nearly 670,000 US dollars) was thrown out, and the funds have been transferred to Tornado Cash.
The project team claimed to have been scammed via Telegram, but both its Twitter and website have been shut down. This sign indicates that this project is a Rug Pull high-risk project!
In the following, the CertiK security team will explain and analyze in detail the operation and contract of the project. Please keep your eyes open and beware of Rug Pull!
In addition to Rug Pull, hackers have also been keeping an eye on the ever-growing and delicious cake of DeFi. In the past week, CertiK has written two attack analysis articles👇
If you break five, you can't lose money! Solana cross-chain bridge wormhole event analysis
The CertiK Security Team compiled the2021 DeFi Security Status Report (with PDF download link)first level title
Transactions related to Rug Pull event
Token owners sell tokens on Pancakeswap:
https://bscscan.com/address/0xf316e82c0eda97d740fa79152c99260a9733034d#internaltx
attack process
https://bscscan.com/tx/0xb06625759acf1f27b4085c3f9535b4af29a47ffca6f4fec3552d1805215d58fd
attack process
Token pre-sale on Pinksale:
https://www.pinksale.finance/#/launchpad/0xB5A136c5b65D1c6Fde11b50730466E5C87ca06BD?chain=BSC
Contract Vulnerability Analysis
https://bscscan.com/address/0xf316e82c0eda97d740fa79152c99260a9733034d#internaltx
Contract Vulnerability Analysis
Initial token distribution (focus)👇 :
https://web.archive.org/web/20220204201944/https://www.babymuskcoin.com/
https://www.pinksale.finance/#/launchpad/0xB5A136c5b65D1c6Fde11b50730466E5C87ca06BD?chain=BSC
Funds Tracking
Funds Tracking
Transfer out 1571 BNB:
https://bscscan.com/tx/0xb06625759acf1f27b4085c3f9535b4af29a47ffca6f4fec3552d1805215d58fd
first level title
https://bscscan.com/address/0x1c1ccdaa684b56ce1b47c93d6a5a95f6fc754835
Can the audit find problems
write at the end
write at the end
At present, the CertiK official website https://www.certik.com/ has added a community warning function. On the official website, you can always see various community warning information related to vulnerabilities, hacker attacks, and Rug Pull.
In addition to this, the CertiK security team compiled the "2021 DeFi Security Status Report (with PDF download link)", explored the changes in the security landscape in 2021 and interpreted the latest vulnerabilities that have emerged as DeFi has grown and its application frequency and complexity have increased.
The PDF version of the report has been included and a link has been generated:
https://certik-2.hubspotpagebuilder.com/the-state-of-defi-security-2021-chinese
Copy the link to your browser and download now!
