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Hack history / 2023 / Hack or exploit

LaunchZone

Hack or exploit on Feb 27, 2023 · Improper Access Control

ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES DISAGREE ON DATE OR LOSS · 3 SOURCES
Lost
$700K
sources: $320K to $700K
Returned
none listed
as the sources state it
Rank
#1,048
among thefts by dollars lost

What happened

On February 27, 2023, LaunchZone on BSC suffered a $700,000 exploit via missing access control on the transferFrom() function in the Bscex SwapX contract. The attacker manipulated LZ token prices and executed arbitrary token transfers from liquidity pools.

In review: sources disagree on the loss.

Details

Date
Feb 27, 2023
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "LaunchZone hack, Feb 27, 2023: $700K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht432b4f3684/ (data as of 2026-10-31).
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