EXcommunity Smart Contract Vulnerability

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EXcommunity Logo From Twitter

EXCommunity is a community for ex-lovers to connect together. On May 28th, the smart contract suffered an attack, which netted the attacker $37k. The exact mechanism of the attack has not yet been published. The EXCommunity made a post about continuing if bugs were found, but did not officially acknowledge or provide any postmortem of the bug, nor have they promised any compensation for anyone who may have been affected.[1][2][3][4][5][6][7][8][9][10]

About EXCommunity

"Join EX Community: where past meets future! Reconnect, heal, and grow in a safe, friendly space. Find new friends or rekindle old flames. Come rediscover yourself with us!"

"Dive into the world of emotions with EX Community's latest innovation: the largest meme coin community for emotional connections! Join us as we link the past, seize the present, and embrace the future together."

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

"According to monitoring by the SlowMist security team, EXcommunity on BNBChain is suspected of being attacked, resulting in a loss of approximately $37,000."

Key Event Timeline - EXcommunity Smart Contract Vulnerability
Date Event Description
May 2nd, 2024 9:08:00 AM MDT EXCommunity posts for the first time on Twitter to promote.
May 18th, 2024 4:50:00 AM MDT Fake Telegram Group The comunity is targeted by a fake Telegram group.
May 28th, 2024 12:05:33 PM MDT Attack Transaction The attack transaciton happens which drains the funds.
May 28th, 2024 12:40:00 PM MDT Another Promotional Tweet EXCommunity posts again to promote their group.
May 28th, 2024 8:49:00 PM MDT SlowMist Tweet SlowMist posts a tweet about identifying suspicious activity related to the EXcommunity smart contract.
May 28th, 2024 10:09:00 PM MDT ChainAegis Tweet ChainAegis tweets an analysis which includes a review of the transaction and the loss amount of $37k.
May 29th, 2024 1:58:00 AM MDT EXCommunity Update EXCommunity posts an update about how, even if they encounter bugs, they will continue to move forward. There is no mention that a bug actually happened.

Technical Details

This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

Total Amount Lost

37k ChainAegis and SlowMist.

The total amount lost has been estimated at $37,000 USD.

Immediate Reactions

"According to monitoring by the SlowMist security team, EXcommunity on BNBChain is suspected of being attacked, resulting in a loss of approximately $37,000."

Ultimate Outcome

"The EX community is moving forward in an innovative mode. Even if we encounter bugs, we will quickly fix them and prepare to launch a new platform. At the end of June, the APP will be launched soon! The international community will kick off in Kuala Lumpur on June 20, where we will welcome families to join us on our journey at the end of July. Wait patiently, wonderful things are about to appear!"

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