APEMAGA Smart Contract Drained - Revision history

Azoundria: Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/apemagasmartcontractdrained.php}} {{Unattributed Sources}} APEMAGA Transaction HistoryAPEMAGA launched without any marketing, website, or social media. Within an hour of launch, the APEMAGA smart contract was drained of $32k. It is unclear what caused the attack, and what the effect was on any users of the protocol.
2024-09-18T21:03:51Z

Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/apemagasmartcontractdrained.php}} {{Unattributed Sources}} thumb|APEMAGA Transaction HistoryAPEMAGA launched without any marketing, website, or social media. Within an hour of launch, the APEMAGA smart contract was drained of $32k. It is unclear what caused the attack, and what the effect was on any users of the protocol.<ref name="slowmisthacked-13357" /><ref name=..."

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{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/apemagasmartcontractdrained.php}}
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[[File:Apemaga.jpg|thumb|APEMAGA Transaction History]]APEMAGA launched without any marketing, website, or social media. Within an hour of launch, the APEMAGA smart contract was drained of $32k. It is unclear what caused the attack, and what the effect was on any users of the protocol.<ref name="slowmisthacked-13357" /><ref name="etherscan-14515" /><ref name="bilaxyexchangetwitter-14516" /><ref name="sharkteamorgtwitter-14517" /><ref name="axonalerttwitter-14518" /><ref name="atlantesiotwitter-14519" /><ref name="coinspeedrunbottwitter-14520" /><ref name="top100token-14521" /><ref name="chainaegistwitter-14522" /><ref name="dexscreener-14523" /><ref name="chainaegisapp-14524" /><ref name="etherscan-14525" /><ref name="etherscan-14526" />

== About APEMAGA ==
Contract: 0x56ff4afd909aa66a1530fe69bf94c74e6d44500c

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - APEMAGA Smart Contract Drained
!Date
!Event
!Description
|-
|June 26th, 2024 3:56:11 AM MDT
|Smart Contract Created
|The APEMAGA smart contract is created.
|-
|June 26th, 2024 4:27:35 AM MDT
|Blockchain Transaction
|The blockchain transaction drains the APEMAGA liquidity pool by swapping just 0.1 ETH for 59,632,616.815636881 APEMAGA tokens.
|-
|June 26th, 2024 5:00:00 AM MDT
|ApeMaga is featured on the "Top Trending Tokens of the Hour".
|
|-
|June 26th, 2024 5:00:00 AM MDT
|Top Trending Token
|ApeMaga is featured on the "Top Trending Tokens of the Hour".
|}

== Technical Details ==
$APEMAGA on #Ethereum is suspected to be attacked, with a loss of ~$32K.

Attacker:
0xb297735e9fb3e695ccce3963bfe042f318901ea0

Attack transaction:
https://app.chainaegis.com/result?type=eth&search=0xb310d76120a8a1124533e49d6e91721624435b0df240b54c897307205df06105
Loss 59,632,616 $APEMAGA, Converted to 9.37 $ETH.

== Total Amount Lost ==
"Loss 59,632,616 $APEMAGA, Converted to 9.37 $ETH."

The total amount lost has been estimated at $32,000 USD.

== Immediate Reactions ==
"APEMAGA on Ethereum is suspected to be attacked, with a loss of ~$32K."

"Loss 59,632,616 $APEMAGA, Converted to 9.37 $ETH."

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
The total amount recovered is unknown.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?
== Individual Prevention Policies ==
{{Prevention:Individuals:Placeholder}}

{{Prevention:Individuals:End}}

== Platform Prevention Policies ==
{{Prevention:Platforms:Placeholder}}

{{Prevention:Platforms:End}}

== Regulatory Prevention Policies ==
{{Prevention:Regulators:Placeholder}}

{{Prevention:Regulators:End}}

== References ==
<references><ref name="slowmisthacked-13357">[https://hacked.slowmist.io/ SlowMist Hacked - SlowMist Zone] (Accessed Apr 24, 2024)</ref>

<ref name="etherscan-14515">[https://etherscan.io/tx/0xb310d76120a8a1124533e49d6e91721624435b0df240b54c897307205df06105 Ethereum Transaction Hash (Txhash) Details | Etherscan] (Accessed Jul 2, 2024)</ref>

<ref name="bilaxyexchangetwitter-14516">[https://twitter.com/Bilaxy_exchange/status/1804556875800674740 @Bilaxy_exchange Twitter] (Accessed Jul 2, 2024)</ref>

<ref name="sharkteamorgtwitter-14517">[https://twitter.com/sharkteamorg/status/1807725140744274374 @sharkteamorg Twitter] (Accessed Jul 2, 2024)</ref>

<ref name="axonalerttwitter-14518">[https://twitter.com/axon_alert/status/1804541135555088721 @axon_alert Twitter] (Accessed Jul 2, 2024)</ref>

<ref name="atlantesiotwitter-14519">[https://twitter.com/atlantes_io/status/1805919089988137160 @atlantes_io Twitter] (Accessed Jul 2, 2024)</ref>

<ref name="coinspeedrunbottwitter-14520">[https://twitter.com/CoinspeedrunBot/status/1806291673300775023 @CoinspeedrunBot Twitter] (Accessed Jul 2, 2024)</ref>

<ref name="top100token-14521">[https://top100token.com/address/0x56ff4afd909aa66a1530fe69bf94c74e6d44500c APEMAGA (APEMAGA) contract is 0x56ff4afd909aa66a1530fe69bf94c74e6d44500c on ETH | Top100Token] (Accessed Jul 2, 2024)</ref>

<ref name="chainaegistwitter-14522">[https://twitter.com/ChainAegis/status/1806297556852601282 @ChainAegis Twitter] (Accessed Jul 2, 2024)</ref>

<ref name="dexscreener-14523">[https://dexscreener.com/ethereum/0x45f4186a2b5a25b8783caffd0f1a68cdefb89105 https://dexscreener.com/ethereum/0x45f4186a2b5a25b8783caffd0f1a68cdefb89105] (Accessed Jul 2, 2024)</ref>

<ref name="chainaegisapp-14524">[https://app.chainaegis.com/result?type=eth&search=0xb310d76120a8a1124533e49d6e91721624435b0df240b54c897307205df06105 ChainAegis] (Accessed Jul 2, 2024)</ref>

<ref name="etherscan-14525">[https://etherscan.io/tx/0xd97cc9ab95dd9f12cf3da848bb1400dfba756c160380595ea2b61fa60a3f4fb2 Ethereum Transaction Hash (Txhash) Details | Etherscan] (Accessed Jul 2, 2024)</ref>

<ref name="etherscan-14526">[https://etherscan.io/token/0x4bc023ff4a6504efcf9889581b1850aab7ff1dd1 APEMAGA (APEMAGA) Token Tracker | Etherscan] (Accessed Jul 2, 2024)</ref></references>