Hype Bet Finance Hack

TOTAL LOST $364K
Low Rugpull ethereum

What happened

The project was holding a fundraising event using a Proxy smart contract:

https://etherscan.io/txs?a=0x3f956072…8e990c&p=31

The contract deployer minted tokens and transferred them to the Proxy smart contract:

https://etherscan.io/tx/0xd29090c0…cbcef5

https://etherscan.io/tx/0xe7606055…7367f6

The initial liquidity was added through the Proxy smart contract using 721.78 ETH at:

https://etherscan.io/tx/0x9e49739d…2c3917

The rest of ETH, raised on the presale was distributed between different external addresses:

https://etherscan.io/tx/0x33db0e01…653339

https://etherscan.io/tx/0x65dbf80b…62b2f7

https://etherscan.io/tx/0x98fdb11f…cd2bfc

Case & protocol details

Classification Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gam
Protocol Type Exit Scam/Rugpull
Affected asset / contract HYPE
Official Website hype-finance.com/
Protocol Twitter/X @HypeDefi

Evidence & learning

Sources and on-chain records

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