VERDICT —OUT OF SCOPE
Root cause is phishing — victims signed malicious transactions or approvals off-protocol. Contract logic was not the failure surface; user-side wallet hygiene was. Pre-deployment audit cannot catch this class.
▰ METHOD
PHISHING
PHISHING
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
The @GoDaddy account for the L2 cross-chain bridge LayerSwap's domain http://layerswap[.]io was compromised. The compromise of the domain led to a phishing site being displayed, resulting in approximately 50 users losing ~$100K worth assets. To address this, Layerswap is refunding the affected users in full plus and an additional 10% as a compensation for the caused inconvenience. Attack method (per SlowMist): DNS Attack. Reported loss: $ 100,000.
Sourced from
slowmist
Technical record
- chain
- —
- protocol
- LayerSwap
- bug_class
- phishing
- date_occurred
- 2024-03-20
- loss_usd
- $100,000
- source_id
- sm:layerswap::2024-03-20
Related — same bug class· phishing