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Security Incident · ETH Ecosystem

Shido Network Rug Pull: $2.10M Reported Loss

·Historical incident record

Incident Overview

The decentralized cross-chain protocol Shido Network on the Ethereum blockchain appears to be a rug pull. The owner of the SHIDO token staking contract first upgraded the staking contract, then withdrew a large amount of SHIDO tokens, and finally dumped a significant amount of SHIDO tokens at a price of 692 ETH (worth $2.1 million).

Sources & References

Original incident referencehttps://www.odaily.news/newsflash/356637 (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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