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Hack history / 2022 / Hack or exploit

bDollar

Hack or exploit on May 21, 2022 · Price Manipulation

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$730K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,029
among thefts by dollars lost

What happened

The first algorithmic stablecoin project on Binance Smart Chain, bDollar, suffered a price manipulation attack, and the attacker made a profit of 2,381 WBNB (worth about $730,000). This attack mainly exploits the design loophole of the claimAndReinvestFromPancakePool function in the DAO fund proxy contract CommunityFund when adding liquidity. It does not fully consider that after the price is maliciously raised, the project party will passively use the funds in its own contract when adding liquidity. The situation of high-level connection.

Details

Date
May 21, 2022
Kind
Hack or exploit
Method
Price Manipulation
How in
Price, oracle and governance
Target
not stated
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "bDollar hack, May 21, 2022: $730K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hteeba13406c/ (data as of 2026-10-31).
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