How much was lost in the DigiFund hack?

The DigiFund hack resulted in $106K in losses on November 23, 2023.

What attack technique was used in the DigiFund exploit?

The DigiFund 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.

DigiFund Hack

TOTAL LOST $106K

Low Nov 23, 2023 Rugpull

Affected Chain 2023 Incident surface

Recovered - No recovery reported

All-Time Rank #1514 By amount stolen

Protocol Type Exit Scam/Rugpull Target category

Incident Overview

Quick Summary

DFUND token exit scammed with deployer removing liquidity of 237,894 USD from PancakeSwap pool on November 23, 2023.

Details of the Exploit

DFUND a BEP20 token trading on PancakeSwap, experienced a rugpull when its deployer removed liquidity from the LP pool. The stolen funds, worth 105,555 USD or 446.55 WBNB, were transferred to another EOA and then distributed among multiple addresses.

Block Data Reference

Deployer Address:

https://bscscan.com/address/0xCA3E349d…c184bE

Liquidity Adding Transaction:

https://bscscan.com/tx/0xb4f5e3c8…16413c

Liquidity Removal Transaction:

https://bscscan.com/tx/0xef14f29d…c4c8e1

Incident Report

Protocol / Project DigiFund

Date of Incident November 23, 2023

Attack Technique Rugpull

Classification Token

Primary Source View Post-Mortem

Protocol Information

Protocol Type Exit Scam/Rugpull

Affected Token DFUND

Official Website digitalfundcoin.com

Protocol Twitter/X @digitalfund1

Team Anonymous

Source Code Verified On-Chain

Market Context at Time of Hack

Token Categories

Mineable

Protocol Links

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 DigiFund'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 DigiFund, these are the critical security checks that could have prevented this incident (November 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/PeckShieldAlert/status/1727923543504203826

Threat Assessment

Severity Level

LOW

Attack Vector Rugpull
Root Cause Token
Year 2023

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