ChainBleedv0.1 · open intel
← back to feed·LOGIC2023-03-10 · 3y ago
Incident · SLOWMIST

Hedera

Contract Vulnerability
Estimated loss
$570.0K
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

Hedera tweeted to disclose the details of the attack. The attacker attacked the smart contract service code of the Hedera main network and transferred the Hedera Token Service tokens held by some user accounts to their own accounts. The attackers targeted accounts used as liquidity pools on multiple DEXs migrated to use the Hedera Token Service using Uniswap V2-derived contract generations, including Pangolin Hedera, SaucerSwap, and HeliSwap. When attackers moved tokens obtained through the attack to a Hashport Network bridge, bridge operators detected the activity and acted quickly to disable it. To prevent attackers from stealing more tokens, Hedera shut down the mainnet proxy, which removes user access to the mainnet. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 570,000.

Primary source
https://twitter.com/hedera/status/1634055353435561986
Sourced from
slowmist
Technical record
chain
protocol
Hedera
bug_class
logic
date_occurred
2023-03-10
loss_usd
$570,000
source_id
sm:hedera::2023-03-10
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