Incident Overview
On Jun-21-2023 Baby Doge token was attacked using flashloan from UniV3 protocol with gains worth of
lost 442 BNB or $100K.
Baby Doge Coin, a meme token, fell victim to a flashloan attack, resulting in the exploitation of the token. The attacker managed to acquire a loan of 18.5 million USDT and 11.9 million BUSD from UNI V2. The malicious contract employed in the attack yielded a profit of 442 BNB, equivalent to $100K USD.
Attacker Address:
https://bscscan.com/address/0xee6764ac…5ba1d1
Malicious Contract Address:
https://bscscan.com/address/0x9a6b9262…c1c98e
Malicious Transaction:
https://bscscan.com/tx/0xbaf3e484…bc866c
Incident Report
Protocol Information
Market Context at Time of Hack
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.
What Auditors Should Check
If you're auditing a protocol with similar architecture to Baby Doge Coin, these are the critical security checks that could have prevented this incident (June 2023).
- Verify all logic paths related to Flash Loan Attack are guarded by proper access controls and input validation - see the Flash Loans Attacks attack class for patterns
- 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.
Free TrialRelated Attack Classes
The technique used in this hack maps to these vulnerability classes in our security curriculum:
Sources & References
- 01
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02
Web Archive https://archive.ph/25To5
Learn to Prevent the Next Baby Doge Coin
The Baby Doge Coin hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.