Incident Overview
The BNQMetaverse project has been rug pulled by its project team. The team made away with $214k in profits.
The token creator deployed the token contract with zero decimal places in amount of 10^27 to the BSC network:
https://bscscan.com/tx/0x07effcb0…6b3af0
Before dumping the token price, token creator added many addresses in the blacklist:
https://bscscan.com/txs?a=0x2263a467…a9d5eb&p=5
Then the scammer address (E) dumped the token getting profit of $214k. Example transactions:
1) https://bscscan.com/tx/0x17ee2f08…376773
2) https://bscscan.com/tx/0xaa06264d…f8ce70
3) https://bscscan.com/tx/0xdb119842…d4f35f
Involved addresses:
- Scammer address (A), token deployer: https://bscscan.com/address/0x2263a467…a9d5eb
- Scammer address (B): https://bscscan.com/address/0x07dc84de…ee9347
- Scammer address (C): https://bscscan.com/address/0x63133957…5a348e
- Scammer address (D): https://bscscan.com/address/0x5cc805df…aac6e3
- Scammer address (E): https://bscscan.com/token/0xa119bcfa…1ec36e
Transactions:
- Pair creation: 0x90db1dba…c4aa9f
- Adding liquidity: https://bscscan.com/tx/0xdc6868be…675baf
Smart-Contract Abilities
- Pausable
- Burnable
- Ownable
- Access Control
Incident Report
Protocol Information
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 Brand New Quest Metaverse, these are the critical security checks that could have prevented this incident (August 2022).
- 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.
Free TrialSources & References
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01
Source 1 http://www.thebnq.com/enindex.html
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Learn to Prevent the Next Brand New Quest Metaverse
The Brand New Quest Metaverse 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.