Union Capital Hack

TOTAL LOST $500K
Low Rugpull ethereum

What happened

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

https://etherscan.io/address/0x87b5ef63…b86259#code

1000 ETH were raised on the token sale:

shorturl.at/svwF4

The Initial liquidity, using 500 ETH from the token sale was added:

https://etherscan.io/tx/0xfd1e40f9…da58a6

Tokens were bought for (10 + 10 + 20 + 100 + 50) ETH:

https://bloxy.info/tx/0x2e97605c…a7a895

https://bloxy.info/tx/0xc2a3c840…1865f6

https://bloxy.info/tx/0xd5fa35af…74f42d

https://bloxy.info/tx/0x2d3f3bb0…551165

https://bloxy.info/tx/0x12354f0d…6aa818

83.6 ETH were drained by removing the liquidity:

https://bloxy.info/txs/calls_from/0xca8b324d…e48b88?signature_id=1137786&smart_contract_address_bin=0x7a250d56…f2488d

https://bloxy.info/txs/calls_from/0xca8b324d…e48b88?signature_id=1102188&smart_contract_address_bin=0x7a250d56…f2488d

Case & protocol details

Classification Other
Protocol Type Lending
Affected asset / contract UnicV2
Official Website unioncapital.io/
Protocol Twitter/X @unioncapital_io

Security review history

Evidence & learning

Sources and on-chain records

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