$20 000 USD

JUNE 2024

GLOBAL

NCD

DESCRIPTION OF EVENTS

"NCD (International Children’s Day Token) is an innovative blockchain project launched based on Binance Smart Chain (BSC)."

 

"The International Children's Day on June 1st every year is a festival dedicated to the happiness and well -being of children in the world. This year is this important festival 75th anniversary. To commemorate this milestone, IDWF and UNICEF cooperated to launch NCD tokens, which is a reflection of children's blessings. Digital assets of Lihe Global Unity."

 

"The NCD token project represents the unique and meaningful knot of blockchain technology and charity donations. combine. By using the power of decentralized finance, we aim to create a transparent and high Effective and influential ecosystems support children around the world. With our partner and Together with the global community, we are committed to the lasting life of poor children."

 

"NCD (International Children's Day tokens) is an innovative blockchain project, based on Binance smart chain (BSC) launched, aiming to celebrate the 75th anniversary of the International Children's Day. The project is by the International Democratic Women's Federation (IDWF) and the United Nations Children's Foundation (UNICEF), which aims to put modern decentralized finance (DEFI) Integrate into the International Children's Charity Fund to establish a global network ecology around children's welfare system. The issuance of 610 million NCD tokens marks the beginning of this transformation plan and aims to support poverty Children, promote social benefits and benefit humanity."

 

The claimed affiliations with UNICEF and IDWF are highly questionable. There is no indication that the smart contract has been audited externally.

 

Transaction: 0xa6ab1aaccb51485124abe26c4ddcf17c308277b77cc2064f028f1cff54f8893a

 

"According to monitoring by the SlowMist security team, NCD on BNBChain was attacked, resulting in a loss of approximately $20,000."

 

"$NCD of @LauraAg89542328 on #BNBChain was attacked, lost ~$20,000."

 

"According to monitoring by the SlowMist security team, NCD on BNBChain was attacked, resulting in a loss of approximately $20,000."

 

"$NCD of @LauraAg89542328 on #BNBChain was attacked, lost ~$20,000."

 

Situation was not even mentioned by the team.

 

Explore This Case Further On Our Wiki

Isn't it nice when large multinational entities supposedly launch a token? Such is the claim of the NCD token, representing National Children's Day, which also claimed affiliation with UNICEF and IDWF, and that funds would be used to help impoverished children. After a breach worth approximately $20,000, there doesn't appear to be any sort of announcement. Hopefully the hacker was an impoverished child.

Sources And Further Reading

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