ChainBleedv0.1 · open intel
← back to feed·ETHLOGIC2022-10-20 · 3y ago
Incident · SLOWMIST

Ethereum Alarm Clock

Contract Vulnerability
Estimated loss
$260.0K
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

According to Cointelegraph, a vulnerability in the Ethereum Alarm Clock service (Ethereum Alarm Clock) has been exploited, and the hacker has so far made about $260,000 in profit. According to the analysis, hackers managed to exploit a loophole in the scheduled transaction process to profit from the refund of gas fees for canceled transactions. According to Etherscan transaction history, the hackers have obtained 204 ETH, worth about $259,800. It is reported that the Ethereum alarm clock service is to allow users to schedule future transactions by pre-determining the recipient address, sending amount and transaction time. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 260,000.

Primary source
https://cointelegraph.com/news/ethereum-alarm-clock-exploit-leads-to-260k-in-stolen-gas-fees-so-far
Sourced from
slowmist
Technical record
chain
ethereum
protocol
Ethereum Alarm Clock
bug_class
logic
date_occurred
2022-10-20
loss_usd
$260,000
source_id
sm:ethereum-alarm-clock::2022-10-20
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