QI Quadriga Initiative

Jul 2024 - Smart Bank Token (SBT) Contract Drained - $56k (Global)

https://bscscan.com/address/0x88f9e1799465655f0dd206093dbd08922a1d9e28

"The Smart Bank Token (SBT) contract on BNBChain was attacked, resulting in a loss of approximately $56,000."

Further Analysis

Smart Bank Token was a contract on the Binance Smart Chain. The contract was created and drained within 5 minutes of creation. It is unclear what the intent of the token was, and how it was promoted.

How Could This Have Been Prevented?

More Cryptocurrency Exchange Hacks/Scams/Frauds

Unstoppable Domains SquareSpace DNS Hijacking > > < < Compound Finance Official Website DNS Hijacking

Sources/Further Reading

SlowMist Hacked - SlowMist Zone (Dec 31)
BNB Smart Chain Transaction Hash (Txhash) Details | BscScan (Dec 31)
BNB Smart Chain Transaction Hash (Txhash) Details | BscScan (Dec 31)
Contract Address 0x88f9e1799465655f0dd206093dbd08922a1d9e28 | BscScan (Dec 31)

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