Incident Overview
Fake Dogecoin 3.0 token deployer rugpulled the project, leading to a loss of 67,974 $USD.
Dogecoin 3.0, an Ethereum-based token, was the victim of a rugpull. The deployer of the fake Dogecoin 3.0 sold a significant amount of tokens, thereby draining the UniSwap pool and profiting for 67,974 $USD.
Scammer Address:
https://etherscan.io/address/0x415A4CA1β¦824C76
Liquidity Draining Transaction:
https://etherscan.io/tx/0x8331ecc0β¦9cd8d5
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 Dogecoin 3.0, these are the critical security checks that could have prevented this incident (July 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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