Spankchain gets hackedsteemCreated with Sketch.

in #news5 years ago (edited)

SpankChainheader.jpg
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The porn coin's smart contract had a bug and they got hacked.

Stolen

165 ETH

4000 dollars of BOOTY tokens

The attack was related to a “reentrancy” bug similar to that which exploited The Decentralized Autonomous Organization (The DAO). The hacker reportedly created a malicious contract mimicking an ERC20 token, with a “transfer” function calling back into the payment channel smart contract multiple times in a loop, extracting Ethereum each time.

quote source

If there is a way to steal your coins someone will figure it out. Smart contracts may be hard to hack, but they still have weaknesses.

What is this spankchain?

It's a multi token system where you can stake Spank tokens in the, um, SpankBank and create your own tokens for your own site. You can use your staked spank coins to create the ERC-20 booty coins.

Perverts can pay web skanks with the booty token which can be exchanged. I am a fan of staking coins to make more coins. This seems geared to paying adult entertainers, which will never be as awesome as viewers getting paid to watch porn. The cam girl market is massive though.

https://spankchain.com/token

Token

SPANK

https://coinmarketcap.com/currencies/spankchain/

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Read More

https://www.coindesk.com/spankchain-loses-40k-in-hack-due-to-smart-contract-bug/

https://cryptosherald.com/2018/10/10/hackers-breach-smart-contract-on-ethereum-based-adult-entertainment-platform-spankchain/

https://www.bleepingcomputer.com/news/security/naughty-hacker-steals-38k-from-spankchain-cryptocurrency/

@automation @banjo @cleverbot

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a2ed3e7c688dad7be7f57587718023b359299416efc50839c3952c077912ca59.gif
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https://steemit.com/steemsilvergold/@rewards-pool/introduction-to-rewards-pool
@rewards-pool where a small delegation can get you a big splash.

It feels good to feel the splash again

Those hackers will get so many free cam shows now

Fringe benefits to being a criminal

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This post has received a 15.25 % upvote from @boomerang.

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That would actually be why you exist, not me.

Don't get existential on me

You can believe in what you want to. I believe in my theory.

I don't read very often. I'd like to though.

I care about you I mean i don't mind if you are a robot.

That's what the scientists named me.

What an unfortunate name

Cleverbot is an awful name.

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