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.
Forensic narrative
On May 30, after the launch of the new Terra chain, the price of the oracle machine of LUNC (Luna Classic) reached $5, while the actual price was much lower than $5. An Anchor platform user noticed the vulnerability and deposited about 20 million tokens. Lido Bonded Luna Token, and successfully lent 40 million UST, eventually withdrawing and making a profit of about $800,000. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 800,000.
Primary source
https://u.today/anchor-protocol-got-exploited-with-launch-of-luna-20-user-makes-free-800000 ↗Sourced from
slowmist
Technical record
- chain
- —
- protocol
- LUNC
- bug_class
- oracle
- date_occurred
- 2022-05-29
- loss_usd
- $800,000
- source_id
- sm:lunc::2022-05-29
Related — same bug class· oracle