{"id":38566,"date":"2021-03-09T11:30:29","date_gmt":"2021-03-09T09:30:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38566"},"modified":"2025-08-30T05:27:07","modified_gmt":"2025-08-30T02:27:07","slug":"binance-backed-non-custodial-dodo-loses-3-8-million-to-vulnerability","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-backed-non-custodial-dodo-loses-3-8-million-to-vulnerability\/","title":{"rendered":"Binance-backed non-custodial DODO loses $3.8 million to vulnerability"},"content":{"rendered":"<p>The DODO exchange operating on the Binance Smart Chain lost $3.8 million in the attack.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udce3 Important update regarding recent events on DODO<\/p>\n<p>We are actively working with <a href=\"https:\/\/twitter.com\/samczsun?ref_src=twsrc%5Etfw\">@samczsun<\/a>, <a href=\"https:\/\/twitter.com\/tzhen?ref_src=twsrc%5Etfw\">@tzhen<\/a>, <a href=\"https:\/\/twitter.com\/peckshield?ref_src=twsrc%5Etfw\">@peckshield<\/a>, <a href=\"https:\/\/twitter.com\/SlowMist_Team?ref_src=twsrc%5Etfw\">@SlowMist_Team<\/a>, <a href=\"https:\/\/twitter.com\/BinanceChain?ref_src=twsrc%5Etfw\">@BinanceChain<\/a>, and <a href=\"https:\/\/twitter.com\/1inchExchange?ref_src=twsrc%5Etfw\">@1inchExchange<\/a> to investigate and rectify recent exploits targeting DODO V2 smart contracts. <a href=\"https:\/\/t.co\/hyGqDUC7kM\">https:\/\/t.co\/hyGqDUC7kM<\/a><\/p>\n<p>\u2014 DODO DEX (@BreederDodo) <a href=\"https:\/\/twitter.com\/BreederDodo\/status\/1369187088944353284?ref_src=twsrc%5Etfw\">March 9, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project team is investigating the incident alongside white-hat hacker samczsun, PeckShield analysts, SlowMist, the 1inch exchange, and the developers of Binance Smart Chain (BSC).<\/p>\n<blockquote>\n<p>\u201cThe attack targeted several second-version DODO crowd pools, namely WSZO, WCRES, ETHA and FUSI. Funds in other pools, including all first-version pools, were safe. Total losses from the attack were approximately $3.8 million, of which about $1.88 million is expected to be returned,\u201d the platform representatives wrote.<\/p>\n<\/blockquote>\n<p>DODO launched in August 2020. <a href=\"https:\/\/medium.com\/dodoex\/dodo-announces-seed-round-led-by-framework-ventures-unveils-long-term-roadmap-3bdef33736d4\" target=\"_blank\" rel=\"noopener\">The project attracted $600 thousand seed funding<\/a> from Framework Ventures, DeFiance Capital, SevenX Ventures, the founder of Compound, Robert Leshner, and other venture investors.<\/p>\n<p>In October <a href=\"https:\/\/www.binance.com\/en\/blog\/421499824684901105\/Binance-Labs-Leads-$5-Million-Investment-Round-in-DeFi-Startup-DODO\" target=\"_blank\" rel=\"noopener\">DODO attracted $5 million from Binance Labs<\/a>.<\/p>\n<p>Earlier on Meerkat Finance on the Binance Smart Chain <a href=\"https:\/\/u1f987.com\/en\/news\/defi-project-meerkat-finance-on-binance-smart-chain-suspected-of-exit-scam\">suspected the project&#8217;s developers of an exit scam<\/a>.<\/p>\n<p>In early February ForkLog reported about <a href=\"https:\/\/u1f987.com\/en\/news\/media-four-defi-projects-on-binance-smart-chain-carried-out-exit-scams-totalling-54000-bnb\">the exit-scams of four projects on BSC<\/a>.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The DODO exchange operating on the Binance Smart Chain lost $3.8 million in the attack.<\/p>\n","protected":false},"author":1,"featured_media":38567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1301,1307,1093],"class_list":["post-38566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-vulnerabilities","tag-bnb-chain","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38566"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38566\/revisions"}],"predecessor-version":[{"id":38568,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38566\/revisions\/38568"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38567"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}