NFT Cloud Hack

Reported loss $85K
Other

What happened

NFT Cloud platform was exploited, which caused a loss of 85,330 $USD worth of $BNB.

NFT Cloud is a Web3 platform for entrepreneurs and creators. The staking contract of the platform was exploited due to an indexing-related logic issue. The attacker was able to receive 100,000 $CLOUD tokens using a malicious contract with an unverified source code, and then drain the PancakeSwap liquidity pool.

The token price dropped by more than 75% cause of an exploit. The total funds lost reached roughly 265 $BNB which is worth 85,300 $USD at the moment. All the stolen funds were transferred through TornadoCash.

Attacker address:

Address 0x16b9…1dd0

Malicious transaction:

Tx 0x4897…d48d

Malicious contract:

Address 0x0984…495f

Transfer transaction example:

Tx 0x49b8…04cb

Protocol details

Classification NFT / Token
Protocol Type Exploit/Other
Affected asset / contract CLOUD
Protocol links Website @nftcloud_net

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