{"id":20876,"date":"2023-03-29T21:12:35","date_gmt":"2023-03-30T01:12:35","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=20876"},"modified":"2023-03-29T21:12:38","modified_gmt":"2023-03-30T01:12:38","slug":"meme-coin-project-safemoon-rekt-for-9m-due-to-public-burn-bug","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/03\/29\/meme-coin-project-safemoon-rekt-for-9m-due-to-public-burn-bug\/","title":{"rendered":"Meme Coin Project SafeMoon Rekt for $9M Due to Public Burn Bug"},"content":{"rendered":"\n<p>SafeMoon LLC is\/was a cryptocurrency and blockchain company created in March 2021. The company also has a SafeMoon token which trades on the BNB Chain blockchain.<\/p>\n\n\n\n<p>$8.9 million stolen in Crypto hack on Jake Paul-endorsed Safemoon <a href=\"https:\/\/www.dexerto.com\/tech\/8-9-million-stolen-crypto-hack-jake-paul-endorsed-safemoon-2099591\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.dexerto.com\/tech\/8-9-million-stolen-crypto-hack-jake-paul-endorsed-safemoon-2099591\/<\/a><\/p>\n\n\n\n<p>Meme Coin Project SafeMoon Rekt for $9M Due to Public Burn Bug  <a href=\"https:\/\/www.bleepingcomputer.com\/news\/cryptocurrency\/safemoon-burn-bug-abused-to-drain-89-million-from-liquidity-pool\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.bleepingcomputer.com\/news\/cryptocurrency\/safemoon-burn-bug-abused-to-drain-89-million-from-liquidity-pool\/<\/a><\/p>\n\n\n\n<p><br>A recent upgrade to meme coin SafeMoon\u2019s smart contract saw the project robbed of $8.9 million\u2014and then stolen again. <a href=\"https:\/\/decrypt.co\/124826\/meme-coin-project-safemoon-rekt-for-9m-due-public-mint-bug\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/decrypt.co\/124826\/meme-coin-project-safemoon-rekt-for-9m-due-public-mint-bug <\/a><\/p>\n\n\n\n<p> SafeMoon \u2018burn\u2019 bug abused to drain $8.9 million from liquidity pool <a href=\"https:\/\/www.bleepingcomputer.com\/news\/cryptocurrency\/safemoon-burn-bug-abused-to-drain-89-million-from-liquidity-pool\/\">https:\/\/www.bleepingcomputer.com\/news\/cryptocurrency\/safemoon-burn-bug-abused-to-drain-89-million-from-liquidity-pool\/<\/a><\/p>\n\n\n\n<p> Dogecoin Creator Slams DeFi Project SafeMoon After Liquidity Pool Compromise<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/23\/03\/31541895\/dogecoin-creator-slams-defi-project-safemoon-after-liquidity-pool-compromise\" target=\"_blank\" rel=\"noreferrer noopener\"> https:\/\/www.benzinga.com\/markets\/cryptocurrency\/23\/03\/31541895\/dogecoin-creator-slams-defi-project-safemoon-after-liquidity-pool-compromise  <\/a><\/p>\n\n\n\n<p>SafeMoon Public Token Burn Exploit Wipes Liquidity Pool, Attackers Say \u2018Let\u2019s Talk\u2019  <a href=\"https:\/\/beincrypto.com\/safemoon-token-burn-exploit-liquidity-pool-attackers-talk\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/beincrypto.com\/safemoon-token-burn-exploit-liquidity-pool-attackers-talk\/<\/a><\/p>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<p>  THIS DID NOT AGE WELL&#8230; <\/p>\n\n\n\n<p>How to Buy SafeMoon Crypto<br>Learn what it takes to buy SafeMoon Crypto<\/p>\n\n\n\n<p>By LUCY ADEGBE Published <strong>March 27, 2023<\/strong><\/p>\n\n\n\n<p>  <a href=\"https:\/\/www.investopedia.com\/how-to-buy-safemoon-crypto-7367861\">https:\/\/www.investopedia.com\/how-to-buy-safemoon-crypto-7367861<\/a><\/p>\n<\/div>\n\n\n\n<p>  <a href=\"https:\/\/www.forbes.com\/digital-assets\/assets\/safemoon-v2-sfm2\/\">https:\/\/www.forbes.com\/digital-assets\/assets\/safemoon-v2-sfm2\/<\/a><\/p>\n\n\n\n<p>Safemoon LP Exploited for $8.9M; SFM Tokens Remain \u2018Safe,&#8217; CEO Says<br>A publicly available token burn function in the contract allowed attackers to manipulate the protocol, some said. <a href=\"https:\/\/www.coindesk.com\/tech\/2023\/03\/29\/safemoon-lp-exploited-for-89m-sfm-tokens-remain-safe-ceo-says\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.coindesk.com\/tech\/2023\/03\/29\/safemoon-lp-exploited-for-89m-sfm-tokens-remain-safe-ceo-says\/<\/a>   <\/p>\n\n\n\n<p>Jake Paul-endorsed SafeMoon gets hacked after introducing a bug in upgrade<br>A public burn function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses.<\/p>\n\n\n\n<p>  <a href=\"https:\/\/cointelegraph.com\/news\/jake-paul-endorsed-safemoon-gets-hacked-after-introducing-a-bug-in-upgrade\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/cointelegraph.com\/news\/jake-paul-endorsed-safemoon-gets-hacked-after-introducing-a-bug-in-upgrade<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/safemoon.com\/\">https:\/\/safemoon.com\/<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/www.theinsaneapp.com\/2023\/03\/9-million-stolen-from-safemoon.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.theinsaneapp.com\/2023\/03\/9-million-stolen-from-safemoon.html<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/SafeMoon\">https:\/\/en.wikipedia.org\/wiki\/SafeMoon<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.coingecko.com\/en\/coins\/safemoon\">https:\/\/www.coingecko.com\/en\/coins\/safemoon<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.coinbase.com\/price\/safemoon\">https:\/\/www.coinbase.com\/price\/safemoon<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/coinmarketcap.com\/currencies\/safemoon\/\">https:\/\/coinmarketcap.com\/currencies\/safemoon\/<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SafeMoon LLC is\/was a cryptocurrency and blockchain company created in March 2021. The company also has a SafeMoon token which<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104,92,12],"tags":[83,61,152,10],"class_list":["post-20876","post","type-post","status-publish","format-standard","hentry","category-crypto","category-rug-pull","category-safemoon","tag-blockchain","tag-crypto","tag-exploit","tag-safemoon"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/20876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=20876"}],"version-history":[{"count":2,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/20876\/revisions"}],"predecessor-version":[{"id":20882,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/20876\/revisions\/20882"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=20876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=20876"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=20876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}