Degen Coin Flip

What happened

Degen Coin Flip discovered an exploit in its Degen Spin game and was attacked by over 30,000 wallets. Damage was limited to about $10,000, all from the house. User funds are safe as players use their own wallets and the project does not hold balances. Spin and side bets are paused for fixes; other games are unaffected.

Details

Date

Nov 6, 2026

Kind

Hack or exploit

Method

Smart Contract Vulnerability

How in

Smart contract bug

Target

DeFi protocol or token (estimate: SlowMist chain category)

Chains

Solana

What would have stopped it all controls for this way in

• The audit covers the code that ships, including upgrades and new modules; changed code is reviewed again.
  Check: The deployed bytecode matches the audited commit; a diff since the last audit is empty or reviewed.
• A whitehat Safe Harbor or bounty offer is published before any attack, so a rescuer or an attacker has a set way to return funds.
  Check: The terms and the return address are public and fixed in advance.

General guidance for this kind of attack, not a finding about this incident.

How sure: 0 of 4 checks what the checks mean

• Witnessesone source so far
• Same storyneeds a second source
• Blockchain receiptno public attack transaction checked
• Official wordno official statement linked

Who says what

• SlowMist Hacked ↗$10K

Figure used: $10K, the figure SlowMist Hacked gives. Each source's own figure is in dollars at the time.

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