Leaderboard
958All-time rank
PF

Pinecone Finance

Aug 19, 2021

$200K
Lost
$200K
Recovered
$0
Net loss
$200K
Unrecovered0% recovered

On August 18-19, 2021, Pinecone Finance's staking pool was exploited when an attacker bypassed the frontend and directly invoked the smart contract to deposit more PCT tokens than their account balance. Due to failed balance verification, the attacker withdrew more tokens than deposited, extracting approximately $200K before the PCT token price collapsed 61%.

Target
DeFi
Classification
Token & Share Accounting
Technique
Incorrect Share Accounting
Attribution
Unknown
Chains
Binance Smart Chain

Event timeline

  1. Aug 19, 2021
    Exploit executed — $200K drained via incorrect share accounting
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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