Digital Asset
Intelligence
Security Incident · Exchange

LaunchZone Contract Vulnerability: $700.00K Reported Loss

·Historical incident record

Incident Overview

80% of the funds in the liquidity pool of the DeFi project LaunchZone were suddenly drained, the price of LZ tokens fell by more than 80% from the previous value of around US$0.15 to US$0.026, and the stolen funds were about US$700,000.

Sources & References

Original incident referencehttps://twitter.com/launchzoneann/status/1630161294836768771 (opens in a new tab)

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.

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