Abitcoin Info
Abitcoin (ABTC) is a vibrant BEP-20 token on the Binance Smart Chain (BSC), inspired by Bitcoin’s pioneering role as the first decentralized digital currency. With a total supply of 10 million tokens, ABTC redefines Bitcoin’s legacy by integrating a deflationary economic model and versatile utility across gaming, e-commerce, real estate, and decentralized finance (DeFi). Launched with 50% of its supply allocated to the community, ABTC fosters inclusivity and empowerment.
TrustNet Score
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Real-Time Threat Detection
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Summary and Final Words
No crucial issues found
The contract does not contain issues of high or medium criticality. This means that no known vulnerabilities were found in the source code.
Contract owner cannot mint
It is not possible to mint new tokens.
Contract owner cannot blacklist addresses.
It is not possible to lock user funds by blacklisting addresses.
Contract owner cannot set high fees
The fees, if applicable, can be a maximum of 25% or lower. The contract can therefore not be locked. Please take a look in the comment section for more details.
Contract cannot be locked
Owner cannot lock any user funds.
Token cannot be burned
There is no burning within the contract without any allowances
Ownership is renounced
The contract does not include owner functions that allow post-deployment modifications.
Contract is not upgradeable
The contract does not use proxy patterns or other mechanisms to allow future upgrades. Its behavior is locked in its current state.
Scope of Work
This audit encompasses the evaluation of the files listed below, each verified with a SHA-1 Hash. The team referenced above has provided the necessary files for assessment.
The auditing process consists of the following systematic steps:
- Specification Review: Analyze the provided specifications, source code, and instructions to fully understand the smart contract's size, scope, and functionality.
- Manual Code Examination: Conduct a thorough line-by-line review of the source code to identify potential vulnerabilities and areas for improvement.
- Specification Alignment: Ensure that the code accurately implements the provided specifications and intended functionalities.
- Test Coverage Assessment: Evaluate the extent and effectiveness of test cases in covering the codebase, identifying any gaps in testing.
- Symbolic Execution: Analyze the smart contract to determine how various inputs affect execution paths, identifying potential edge cases and vulnerabilities.
- Best Practices Evaluation: Assess the smart contracts against established industry and academic best practices to enhance efficiency, maintainability, and security.
- Actionable Recommendations: Provide detailed, specific, and actionable steps to secure and optimize the smart contracts.
A file with a different Hash has been intentionally or otherwise modified after the security review. A different Hash may indicate a changed condition or potential vulnerability that was not within the scope of this review.
Final Words
The following provides a concise summary of the audit report, accompanied by insightful comments from the auditor. This overview captures the key findings and observations, offering valuable context and clarity.
Ownership Privileges
- The owner can claim the stuck tokens from the contract, including the contract's token.
- The owner can take the snapshot.
Note - This Audit report consists of a security analysis of the Abitcoin smart contract. This analysis did not include functional testing (or unit testing) of the contract’s logic. Moreover, we only audited one token contract for the Abitcoin team. Other contracts associated with the project were not audited by our team. We recommend investors do their own research before investing.
Files and details
Functions
public
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State variables
public
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Total lines
of code
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Capabilities
Hover on items
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Findings and Audit result
low Issues | 1 findings
Resolved
#1 low Issue
Owner can withdraw contract's own ABTC tokens.
The ABTC contract inherits functionality from the StuckRecover contract, including the rescueToken function. This function is intended to recover any ERC20 tokens accidentally sent to the contract address. However, it does not prevent the owner from using it to withdraw the contract's own ABTC tokens. If the contract holds any ABTC tokens, the owner can call rescueToken with the ABTC contract's address as the tokenAddress parameter. This will transfer the contract's entire balance of ABTC to the owner's address. This creates a centralization risk, as the owner has unilateral power to drain the contract of its own tokens.
informational Issues | 2 findings
Pending
#1 informational Issue
Local variables shadowing (shadowing-local)
Rename the local variables that shadow another component.
Pending
#2 informational Issue
Function that are not used (Dead code).
Remove unused code.