Pinecone Finance Compatibility Issue
Pinecone launched the pledge pool of protocol token PCT at 09:00 UTC on August 18, 2021, and was attacked at 11:41:19 AM UTC.
- Reported loss
- 3,530,000 PCT
- Attack category
- Compatibility Issue
Incident Overview
When the Pinecone PCT pledge pool went online, the front-end was processed to limit illegal operations, but the hacker bypassed the front-end page during the attack and directly called the smart contract through the ordinary account, depositing PCT tokens greater than the amount of the account balance, and the PCT pool was wrong. Records the number of user deposits. When withdrawing, you can extract more PCT tokens. After discovering that the currency price had plunged, the project party immediately terminated the call of the smart contract. The current loss of the number of PCTs: about 3.53 million.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.