Incident Overview
Ribbon Finance (RBN) is a cryptocurrency and operates on the Ethereum platform. Ribbon Finance has a current supply of 1,000,000,000 with 82,183,533.5805815 in circulation. The last known price of Ribbon Finance is 0.01841869 USD and is down -3.74 over the last 24 hours.
It is currently trading on 95 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://www.ribbon.finance/.
Incident Report
Protocol Information
What Auditors Should Check
If you're auditing a protocol with similar architecture to Bonzo Finance, these are the critical security checks that could have prevented this incident (July 2026).
- 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 TrialSources & References
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Source 1 https://rekt.news/bonzo-finance-rekt
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