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 protocol AutoShark Finance on the Binance Smart Chain (BSC) was attacked by a lightning loan, and the currency price suffered a flash crash, with a drop of more than 99% at one time, loss of 750,000 USD. Attack method (per SlowMist): Flash loan attack. Reported loss: $ 750,000.
Primary source
https://rekt.news/autoshark-rekt/ ↗Sourced from
slowmist
Technical record
- chain
- bsc
- protocol
- AutoShark Finance
- bug_class
- flashloan
- date_occurred
- 2021-05-24
- loss_usd
- $750,000
- source_id
- sm:autoshark-finance::2021-05-24
Related — same bug class· flashloan