JHY Token Dividend Tracker Contract Vulnerability
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JHY Token, launched on November 15th, 2024 on the Binance Smart Chain, appears to lack an associated website or social media presence. A security vulnerability was found in the token’s contract, specifically in the TokenDividendTracker, which allowed users to swap more tokens than they actually held by manipulating their address balance. This led to a suspicious attack on the JHY token, resulting in a loss of approximately $11,200. The attack was reported by Web3Security and TikkalaSecurity, with the transaction identified as involving the compromised contract.[1][2][3][4][5][6][7]
About JHY Token
JHY Token is a new token launched on November 15th, 2024 on the Binance Smart Chain. There do not appear to be any website or social media associated with this token.
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
"A suspicious attack involving JHY (JHY) occurred on the BSC chain, resulting in a loss of approximately $11,200."
| Date | Event | Description |
|---|---|---|
| November 15th, 2024 8:24:26 AM MST | JHY Smart Contract Token Launch | The JHY smart contract token is launched on the Binance Smart Chain. |
| December 13th, 2024 10:08:31 PM MST | Binance Smart Chain Transaction | The |
| December 16th, 2024 11:42:00 AM MST | Tikkala Security Tweet Posted | Tikkala security posts an update about the JHY token exploit, including the transaction and amart contract address. |
| December 16th, 2024 11:46:00 AM MST | Root Cause Analysis Added | A root cause analysis is added, which was put together by Tikkala Research. |
Technical Details
"The root cause is in the try TokenDividendTracker contract 0x40cd735d49e43212b5cb0b19773ec2a648aaa96c which will set the address balance to the LP token balance. This allows user to swap more than they have."
Total Amount Lost
The total amount lost has been estimated at $12,000 USD.
How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?
Immediate Reactions
"A suspicious attack involving JHY (JHY) occurred on the BSC chain, resulting in a loss of approximately $11,200."
"#Web3Security #TikkalaSecurity An unknown project token JHY \0x30bea8ce5cd1ba592eb13fccd8973945dc8555c5 been hacked and lost about 10k. Tx: 0xb6a9055e3ce7f006391760fbbcc4e4bc8df8228dc47a8bb4ff657370ccc49256"
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
No specific policies for individual prevention have yet been identified in this case.
For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.
Platform Prevention Policies
Policies for platforms to take to prevent this situation have not yet been selected in this case.
For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.
Regulatory Prevention Policies
No specific regulatory policies have yet been identified in this case.
For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.
References
- ↑ BNB Smart Chain Transaction Hash (Txhash) Details | BscScan (Accessed Jan 24, 2025)
- ↑ JHYToken | Address 0x30bea8ce5cd1ba592eb13fccd8973945dc8555c5 | BscScan (Accessed Jan 24, 2025)
- ↑ BNB Smart Chain Transaction Hash (Txhash) Details | BscScan (Accessed Jan 24, 2025)
- ↑ JHY (JHY) contract is 0x30bea8ce5cd1ba592eb13fccd8973945dc8555c5 on BSC | Top100Token (Accessed Jan 24, 2025)
- ↑ https://apespace.io/bsc/0x30bea8ce5cd1ba592eb13fccd8973945dc8555c5 (Accessed Jan 24, 2025)
- ↑ https://de.fi/scanner/contract/0x30bea8ce5cd1ba592eb13fccd8973945dc8555c5?chainId=bnb (Accessed Jan 24, 2025)