ChainBleedv0.1 · open intel
← back to feed·PRIVATE-KEY2023-10-17 · 2y ago
Incident · SLOWMIST

Fantom Foundation

Private Key Leakage
Estimated loss
$657.0K
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

On October 17, Fantom Foundation Telegram Community Administrator Jane stated that some of Fantom Foundation's hot wallet assets were drained due to a zero-day vulnerability on Google Chrome. According to SlowMist's analysis of on-chain transmission methods and previous emergency response experience, this should be a case of private key theft, which may be the result of the Foundation or its employees being attacked by phishing, social engineering, and running malicious Trojan files, leading to the theft of some wallet private keys. Attack method (per SlowMist): Private Key Leakage. Reported loss: $ 657,000.

Primary source
https://twitter.com/IM_23pds/status/1714430289206977005
Sourced from
slowmist
Technical record
chain
protocol
Fantom Foundation
bug_class
private-key
date_occurred
2023-10-17
loss_usd
$657,000
source_id
sm:fantom-foundation::2023-10-17
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