Jul 2021 - Castleswap Finance Ready For Rug Pull - $0k (Global)
"Yield Farming Castle for Knights of BSC." "Stake LP tokens to earn Castle. Deposit Fee will be used to buyback Castle."
"The MasterChef contract contains the updateLiqProvider function that allows the contract owner (not a TimeLock) to transfer LP tokens to itself, resulting in a possible rug pull at any time. Be cautious and DO NOT engage."
"Contains HARD RUG code that can withdraw all tokens from all pools. DO NOT STAKE IN THIS CONTRACT"
"They also have another contract with hard rug code, 0x29FE9dB5…4040 – do not stake in that one either. Just avoid this project altogether!"
Further Analysis
It appears that this smart contract is ready to take user funds, containing deliberate exploits.
How Could This Have Been Prevented?
Do not use this project.
More Cryptocurrency Exchange Hacks/Scams/Frauds
Another Bitcoin Trader Theft > > < < CostPayIn Dating Scam UCruz87
Sources/Further Reading
Contract Address 0x29FE9dB5B2c7a512Ec0aC122D11ED899e5524040 | BscScan (Aug 21)
CastleSwap – RugDoc (Aug 21)
Twitter / Account Suspended (Aug 21)
Castle Finance (Aug 21)
CertiK Blockchain Security Leaderboard (Jun 1)
t.me/QuadrigaInitiative | /r/QuadrigaInitiative | @QuadrigaInit | info@quadrigainitiative.com |