Chainlink Reddit

Redditor loses $50,000 in Chainlink sending to an ERC20 smart contract

By Skyfries | Skyfries Report | 16 Dec 2020


This has been a bad month for miscalculated transactions.  Earlier this month a twitch user sent $15,000 in ETH to a streamer on accident.  Reddit user u/Kabani13 also known as Dawid Kaczówka of Poland accidentally used a copy pasted address for moving his Link; all 4,005.62 of them. 

55d8ba67d34819f642039190facc91f8651e8088900921a894e1eea5326d8896.png

2d0f4b0011e7520d945513bbb27b691ad2e53a3de9789ef520b4813539241fab.png

OUCH

 

He meant to transfer to a Binance deposit address, but instead sent to the GHST ERC-20 staking contract.  In the process his 4,005 Chainlink tokens became unrecoverable.  This is the fear of any cryptocurrency user going between platforms and why test moves should be used when making transfers exceeding what you could comfortably lose.  This is obviously tragic for this user so the Aavegotchi team has set up a donation fund to help repair Kabani13's Christmas.

If you are interested in helping Dawid the Aavegotchi team set up a donation wallet to help get Dawid some of his life savings back before Christmas.  Stay careful out there guys.

 

How do you rate this article?

15


Skyfries
Skyfries

Learn to love crypto and you will find the keys to your personal freedom and the tools to bring transparency to the world financial system


Skyfries Report
Skyfries Report

Musings from a late 20s Nashville Cryptocurrency investor

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.