ChainBleedv0.1 · open intel
← back to feed·ETHLOGIC2024-01-17 · 2y ago
Incident · SLOWMIST

BasketDAO

Contract Vulnerability
Estimated loss
$107.0K
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
LOGIC
LOGICBYTECODE CATCHABLEAI SCANNABLE
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 crypto index project BasketDAO was exploited on the Ethereum Mainnet due to a smart contract vulnerability, which resulted in a loss of assets worth approximately $107,000. The root cause of the exploit is an arbitrary low-level call in the approval process of their smart contracts. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 107,000.

Primary source
https://foresightnews.pro/news/detail/37065
Sourced from
slowmist
Technical record
chain
ethereum
protocol
BasketDAO
bug_class
logic
date_occurred
2024-01-17
loss_usd
$107,000
source_id
sm:basketdao::2024-01-17
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