VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
The DeFi insurance project ArmorFi has paid a $1.5 million bug bounty to the white hat hacker Alexander Schlindwein. Because the hacker discovered a "critical loophole" in the agreement, and may cause all the company's underwriting funds to be depleted. Attack method (per SlowMist): Contract Vulnerability. Reported loss: -.
Primary source
https://twitter.com/armorfi/status/1356784271923503108 ↗Sourced from
slowmist
Technical record
- chain
- —
- protocol
- ArmorFi
- bug_class
- logic
- date_occurred
- 2021-02-05
- loss_usd
- —
- source_id
- sm:armorfi::2021-02-05
Related — same bug class· logic