SkyLands Hack

TOTAL LOST $159K
Low Rugpull

Summarize with AI

Affected Chain 2022 Incident surface
Recovered - No recovery reported
All-Time Rank #1380 By amount stolen
Protocol Type Exit Scam/Rugpull Target category

Incident Overview

The protocol was holding NFT presale on PinkSale platform:

https://www.pinksale.finance/#/launchpad/0x5a626dD7…c9aD82?chain=BSC

All gathered funds 417.31 BNB were withdrawn by the contract deployer:

https://bscscan.com/address/0xad897002…341392#internaltx

Incident Report

Protocol / Project SkyLands
Date of Incident
Attack Technique Rugpull
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
Primary Source View Post-Mortem

Protocol Information

Protocol Type Exit Scam/Rugpull
Affected Token SKLNFT
Official Website skylands.app/#home
Protocol Twitter/X @skylandsapp
Team Anonymous
Source Code Unverified

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 SkyLands's contract logic - root cause: 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
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 SkyLands, these are the critical security checks that could have prevented this incident (March 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.

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Sources & References

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The SkyLands 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.

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