Horse Coin (HORS) Smart Contract Exploited

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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.

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.

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

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.