How much was lost in the Apache NFT SalesRoom hack?

The Apache NFT SalesRoom hack resulted in $618K in losses on August 03, 2023.

What attack technique was used in the Apache NFT SalesRoom exploit?

The Apache NFT SalesRoom exploit utilized Rugpull. Understanding this attack vector is critical for smart contract auditors and developers building secure DeFi protocols.

How can developers prevent similar smart contract attacks?

Preventing smart contract hacks requires a combination of secure coding practices, thorough security audits, and understanding common attack vectors like reentrancy, oracle manipulation, and access control flaws. Smart Contract Hacking (SCH) provides hands-on training to help developers and auditors identify and prevent vulnerabilities before deployment.

Apache NFT SalesRoom Hack

TOTAL LOST $618K

Low Aug 03, 2023 Rugpull

Affected Chain 2023 Incident surface

Recovered - No recovery reported

All-Time Rank #953 By amount stolen

Protocol Type Exit Scam/Rugpull Target category

Incident Overview

Quick Summary

Apache NFT SalesRoom was rugpulled; liquidity worth 617,960 $USD was drained through multiple transactions.

Details of the Exploit

Apache NFT SalesRoom (ASN) is a BEP20 token trading on PancakeSwap. On Aug 03, 2023, the deployer executed a complex exit scam, involving multiple transfers between addresses and draining the PancakeSwap pool by selling 47,500 ASN tokens in multiple transactions. The stolen funds were then transferred to another EOA, and part of the assets were distributed across several addresses.

The total funds lost in this rugpull amount to 617,960 $USD.

Block Data Reference

Deployer Address:

https://bscscan.com/address/0xa064df82…1e5006

Scammer Address:

https://bscscan.com/address/0xdc8bcf3f…fe8d6d

Funds Holder as of August 3, 2023:

https://bscscan.com/address/0x92238A97…Db6fb4

Liquidity Removal Transaction:

https://bscscan.com/tx/0x69429144…ad93bd

Funds Transfer Transaction:

https://bscscan.com/tx/0x3b08c74a…6d539e

Incident Report

Protocol / Project Apache NFT SalesRoom

Date of Incident August 03, 2023

Attack Technique Rugpull

Classification Token

Primary Source View Post-Mortem

Protocol Information

Protocol Type Exit Scam/Rugpull

Affected Token ASN

Team Anonymous

Source Code Verified On-Chain

What the Attacker Needed to Succeed

Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.

Technical Knowledge Deep understanding of rugpull and Solidity and EVM internals

Capital Required Seed capital to cover gas and initial position setup

On-Chain Access Ability to interact with smart contracts and deploy a custom exploit contract

Protocol Analysis Identification of the exploitable vulnerability in Apache NFT SalesRoom's contract logic - root cause: token

Execution Speed Precise transaction ordering and timing to exploit the vulnerability within a single atomic block

Obfuscation Plan A strategy to launder and move stolen funds - typically through mixers, cross-chain bridges, or decentralized DEX swaps to resist tracing

What Auditors Should Check

Could this have been caught in audit? Hard to catch — private key / OpSec failures are outside smart contract audit scope

If you're auditing a protocol with similar architecture to Apache NFT SalesRoom, these are the critical security checks that could have prevented this incident (August 2023).

Verify all logic paths related to Rugpull are guarded by proper access controls and input validation
Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs

Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.

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Sources & References

01
Source 1 https://twitter.com/BeosinAlert/status/1686944832688906240?s=20

Threat Assessment

Severity Level

LOW

Attack Vector Rugpull
Root Cause Token
Year 2023

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