ChainBleedv0.1 · open intel
← back to feed·ETHFLASHLOAN2021-06-21 · 4y ago
Incident · CHAINSEC

Impossible Finance

Exploit
Estimated loss
$500.0K
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
FLASHLOAN
FLASHLOANBYTECODE 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

Decentralized finance (DeFi) protocol Impossible Finance has lost as much as $500,000 in user funds during a flash loan attack today. The attack on Impossible Finance’s liquidity pool occurred at around 4:40 AM UTC on June 21 and resulted in a loss of 229.84 ETH (about $0.5 million at the time). Reported loss: $500,000.

Primary source
https://decrypt.co/74105/binance-smart-chain-defi-project-impossible-finance-hacked
Sourced from
chainsec
Technical record
chain
ethereum
protocol
Impossible Finance
bug_class
flashloan
date_occurred
2021-06-21
loss_usd
$500,000
source_id
cs:impossible-finance::2021-06-21
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