How much was lost in the TWEETY-MEGA-FUMO hack?

The TWEETY-MEGA-FUMO hack resulted in $484K in losses on June 26, 2023.

What attack technique was used in the TWEETY-MEGA-FUMO exploit?

The TWEETY-MEGA-FUMO 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.

TWEETY-MEGA-FUMO Hack

TOTAL LOST $484K

Low Jun 26, 2023 Rugpull

Affected Chain 2023 Incident surface

Recovered - No recovery reported

All-Time Rank #1019 By amount stolen

Protocol Type Exit Scam/Rugpull Target category

Incident Overview

Quick Summary

The projects TWEETY, MEGA, and FUMO on the Ethereum network were hit by a series of rugpulls by the same address, resulting in a total loss of 484,320 $USD.

Details of the Exploit

The scammer performed multiple rugpulls involving TWEETY, MEGA, and FUMO tokens. The total funds accrued from these projects amount to 484,320 $USD and currently remain in the scammer's original address as $WETH

Block Data Reference

Scammer Address:

https://etherscan.io/address/0x6007d8d7…531c2a

Liquidity Drain Transactions:

https://etherscan.io/tx/0x4f32ff59…41f093

https://etherscan.io/tx/0xe6103b10…546693

https://etherscan.io/tx/0xb068edba…90d6f3

Incident Report

Protocol / Project TWEETY-MEGA-FUMO

Date of Incident June 26, 2023

Attack Technique Rugpull

Classification Token

Protocol Information

Protocol Type Exit Scam/Rugpull

Affected Token TWEETY

Team Anonymous

Source Code Verified On-Chain

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 TWEETY-MEGA-FUMO'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 TWEETY-MEGA-FUMO, these are the critical security checks that could have prevented this incident (June 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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Threat Assessment

Severity Level

LOW

Attack Vector Rugpull
Root Cause Token
Year 2023

Learn to Prevent the Next TWEETY-MEGA-FUMO

The TWEETY-MEGA-FUMO 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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