Azoundria: Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/horsecoinhorssmartcontractexploited.php}} {{Unattributed Sources}} Binance Security ImageHorse Coin is a token on the Binance Smart Chain, launched in May 2021, but with minimal visibility and a small following, mainly due to a single mention on Twitter. Its mechanism remains unclear and has not been widely discussed. Recently, SlowMist reported a susp..."

2025-02-12T21:34:25Z

Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/horsecoinhorssmartcontractexploited.php}} {{Unattributed Sources}} thumb|Binance Security ImageHorse Coin is a token on the Binance Smart Chain, launched in May 2021, but with minimal visibility and a small following, mainly due to a single mention on Twitter. Its mechanism remains unclear and has not been widely discussed. Recently, SlowMist reported a susp..."

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{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/horsecoinhorssmartcontractexploited.php}}
{{Unattributed Sources}}

[[File:Binancesecurity.jpg|thumb|Binance Security Image]]Horse Coin is a token on the Binance Smart Chain, launched in May 2021, but with minimal visibility and a small following, mainly due to a single mention on Twitter. Its mechanism remains unclear and has not been widely discussed. Recently, SlowMist reported a suspected attack on Horse Coin, resulting in an estimated loss of $10.3K USD.<ref name="bscscan-18029" /><ref name="bscscan-18030" /><ref name="bscscan-18031" /><ref name="ecalosallume01twitter-18032" /><ref name="bitqueryexplorer-18033" /><ref name="bitqueryexplorer-18034" /><ref name="newsletter-18035" /><ref name="thebittimes-18036" /><ref name="bscscan-18037" />

== About Horse Coin (HORS) ==
Horse Coin is a token on the Binance Smart chain which was launched back in May 2021. With only a single mention on Twitter for the smart contract, the token appears to have a very limited following.

== 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 Horse Coin (HORS) smart contract appears to have been exploited, with losses estimated at $10.3k.
{| class="wikitable"
|+Key Event Timeline - Horse Coin (HORS) Smart Contract Exploited
!Date
!Event
!Description
|-
|May 11th, 2021 8:56:31 PM MDT
|Horse Coin Smart Contract Launched
|The horse coin smart contract is originally launched on Binance Smart Chain.
|-
|January 8th, 2025 7:04:44 AM MST
|Binance Smart Contract Transaction
|The exploit transaction in the Binance Smart Contract.
|}

== Technical Details ==
The mechanism is unclear and hasn't been widely reported on.

== Total Amount Lost ==
SlowMist estimated the losses at $10.3k USD.

The total amount lost has been estimated at $10,000 USD.

== Immediate Reactions ==
"HORS was suspected to have been attacked on BSC, resulting in an approximate loss of $10.3K."

== 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 ==
There do not appear to have been any funds recovered in this case.

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="bscscan-18029">[https://bscscan.com/tx/0xc8572846ed313b12bf835e2748ff37dacf6b8ee1bab36972dc4ace5e9f25fed7 BNB Smart Chain Transaction Hash (Txhash) Details | BscScan] (Accessed Feb 12, 2025)</ref>

<ref name="bscscan-18030">[https://bscscan.com/address/0x1bb30f2ad8ff43bcd9964a97408b74f1bc6c8bc0 HORS | Address 0x1bb30f2ad8ff43bcd9964a97408b74f1bc6c8bc0 | BscScan] (Accessed Feb 12, 2025)</ref>

<ref name="bscscan-18031">[https://bscscan.com/tx/0x2a41489a1fd1d57d452a08d3cfcd4ca7cca2b138cc933b2d29515c2da1bcee75 BNB Smart Chain Transaction Hash (Txhash) Details | BscScan] (Accessed Feb 12, 2025)</ref>

<ref name="ecalosallume01twitter-18032">[https://twitter.com/EcalosAllume01/status/1394257475596075012 @EcalosAllume01 Twitter] (Accessed Feb 12, 2025)</ref>

<ref name="bitqueryexplorer-18033">[https://explorer.bitquery.io/bsc/token/0x1bb30f2ad8ff43bcd9964a97408b74f1bc6c8bc0/smart_contract?theme=dark Horse Coin (HORS) Token Smart Contract | Binance (BNB) Smart Chain Mainnet] (Accessed Feb 12, 2025)</ref>

<ref name="bitqueryexplorer-18034">[https://explorer.bitquery.io/bsc/token/0x1Bb30f2AD8Ff43BCD9964a97408B74f1BC6C8bc0/senders_v2 Horse Coin (HORS) Token Exchange volume | Binance (BNB) Smart Chain Mainnet] (Accessed Feb 12, 2025)</ref>

<ref name="newsletter-18035">[https://newsletter.blockthreat.io/p/blockthreat-week-2-2025 BlockThreat - Week 2, 2025 - Blockchain Threat Intelligence] (Accessed Feb 12, 2025)</ref>

<ref name="thebittimes-18036">[https://cn.thebittimes.com/token-HORS-BSC-0x1Bb30f2AD8Ff43BCD9964a97408B74f1BC6C8bc0.html HorseCoin( HORS ) 信息, HorseCoin( HORS ) 图表、市值和价格 | TheBitTimes.Com 中国人] (Accessed Feb 12, 2025)</ref>

<ref name="bscscan-18037">[https://bscscan.com/token/0x1bb30f2ad8ff43bcd9964a97408b74f1bc6c8bc0 Horse Coin (HORS) Token Tracker | BscScan] (Accessed Feb 12, 2025)</ref></references>

Horse Coin (HORS) Smart Contract Exploited - Revision history