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.
▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2022-04/Beanstalk_exp.sol
view forked test on github ↗Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.
Forensic narrative
Credit-based stablecoin protocol Beanstalk Farms lost all of its $182 million collateral from a security breach caused by two sinister governance proposals and a flash loan attack. Reported loss: $182,000,000.
Primary source
https://cointelegraph.com/news/beanstalk-farms-loses-182m-in-defi-governance-exploit ↗Sourced from
chainsec
Technical record
- chain
- —
- protocol
- Beanstalk Farms
- bug_class
- flashloan
- date_occurred
- 2022-04-18
- loss_usd
- $182,000,000
- source_id
- cs:beanstalk-farms::2022-04-18
Related — same bug class· flashloan