VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
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.
▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2023-02/LaunchZone_exp.sol
view forked test on github ↗Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.
Forensic narrative
80% of the funds in the liquidity pool of the DeFi project LaunchZone were suddenly drained, the price of LZ tokens fell by more than 80% from the previous value of around US$0.15 to US$0.026, and the stolen funds were about US$700,000. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 700,000.
Sourced from
slowmist
Technical record
- chain
- —
- protocol
- LaunchZone
- bug_class
- logic
- date_occurred
- 2023-02-27
- loss_usd
- $700,000
- source_id
- sm:launchzone::2023-02-27
Related — same bug class· logic