ChainBleedv0.1 · open intel
← back to feed·ETHPRIVATE-KEY2021-04-20 · 5y ago
Incident · SLOWMIST

EasyFi

Private Key Leakage
Estimated loss
$46.90M
VERDICT —OUT OF SCOPE
Root cause is private-key / signer compromise — the on-chain contract behaved exactly as written. No pre-deployment source audit or bytecode review reaches the key-custody perimeter; this is operational-security territory (HSM/MPC hygiene, key rotation, hot-wallet isolation). Bytecode would show nothing wrong.
▰ METHOD
PRIVATE KEY
PRIVATE-KEY
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

Ankitt Gaur, founder and CEO of Layer 2 DeFi lending protocol EasyFi (EASY), said, “On April 19, team members reported that a large number of EASY tokens were transferred from the official EasyFi wallet to the Ethereum network and several unknowns on the Polygon network. Wallet. Someone may have attacked the management key or mnemonic. The hacker successfully obtained the administrator key and transferred $6 million of existing liquid funds in the form of USD/DAI/USDT from the protocol pool, and transferred 298 Ten thousand EASY tokens (approximately 30% of the total supply of EASY tokens, currently valued at 40.9 million U.S. dollars) were transferred to the wallet of the suspected hacker (0x83a2EB63B6Cc296529468Afa85DbDe4A469d8B37)." Attack method (per SlowMist): Private Key Leakage. Reported loss: $ 46,900,000.

Primary source
https://twitter.com/ChainNewscom/status/1384336818959704064
Sourced from
slowmist
Technical record
chain
ethereum
protocol
EasyFi
bug_class
private-key
date_occurred
2021-04-20
loss_usd
$46,900,000
source_id
sm:easyfi::2021-04-20
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