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Security Incident · ETH Ecosystem

UniCats Scam: $200.00K Reported Loss

·Historical incident record

Incident Overview

Encrypted wallet ZenGo researcher Alex Manuskin revealed that UniCats, a so-called "yield farming platform" based on the Ethereum network, is suspected of stealing at least $200,000 in encryption from several users, including the governance token UNI of the decentralized financial platform Uniswap assets. A backdoor in the smart contract allows UniCats to retain control of its user tokens even if these tokens have been withdrawn from the user pool. Previous attacks against Bancor also used similar vulnerabilities.

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.

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